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Leave Travel Concession and Medical Allowance

Tax queries 1325 views 4 replies

Hi,

Can Private sector employer deny LTC(6000/=) and Medical Allowance (15000/=) to its employees?

Regards,

Nitin

 

 

Replies (4)

It shouldn't be like this.

Originally posted by :Atul Kumar
" It shouldn't be like this. "

Is there any law which I can state to discuss this with my employer

 It is not a statutory payment. It depends on the terms of employment. 

Dear Nitin

It is not the stataury provision for the Company to Paid LTC & medical to his employee, as generally Company Consider the above are as part of Salary

It depends upon the Comapnis Structure of Salary,

These allowance are nature of Reimbursement( for Tax free in the hands of Employee) ceilling limit of Rs 15,000/- for Tax free in the Medical Reimbursement.

 


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