Tag: Exemption

Exemption on Leave Travel Allowance (LTA)

Employee are getting Leave Travel Allowance (LTA) as a part of their Salary (CTC) but important factor is that LTA is received only on annual basis and not add to your monthly take home salary. You have Read more […]

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Exemption of Leave Encashment

Employees are eligible for various leave while in service .Employee usually take some leave during the year as per company policy and balance leave will remain unavailed for the year. For example employee Read more […]

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How to Calculate House Rent Allowance – HRA

House Rent Allowance (HRA) is provided by employer to employee as a part of consolidated Salary or you can say Cost to Company (CTC) to meet rent of accommodation. HRA is exempted up to some extent as Read more […]

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