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Reimbursment of airticket or train ticket
if employee is given reimbursement of Airticket and rail ticket under flexi benefit. in that case LTC exemption is given to employee while calculating his taxable salary.
Replies (3)
What do u mean by flexi benefit ?
Flexi benefit is like except salary some amount is given to employee as reimbursement of petrol ,toll tax, internet & telephone ,resturant ,Vehical repair maintance and Tour & Travel.
if employee is given reimbursement of Airticket and rail ticket under flexi benefit. in that case LTC exemption is given to employee while calculating his taxable salary.
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