Maximum LTA amount

Mr. batra,

I wanted to know what is the general industry norm for giving LTA. can a company give lumpsum amount or should it be based on basic salary

asked Apr 18 '11 at 09:56 by ksingh 1111


Generally companies have policy of maximum LTA amount as one month basic salary. But its not a rule and not followed everywhere.

answered Apr 19 '11 at 09:57 by pankaj 5.2k320

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Usually 8.33% of basic. That's what I read somewhere.

answered Apr 21 '11 at 02:33 by A9S6 66449

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Asked: Apr 18 '11 at 09:56

Seen: 2,577 times

Last updated: Apr 21 '11 at 02:33