LTC Minimum Days

Is there any rule that states the minimum number of days that I have to be on leave to avail tax benefit for LTC or LTA?

asked Feb 21 '13 at 09:18 by vikram172 1●2●5

One Answer:

As per Govt rules, there is no mention of minimum number of leaves taken for availing exemption.

It depends on employer, if it has such policy in place. Most of the private sector employers have minimum two days of earned leave policy.

answered Feb 21 '13 at 09:47 by Pankaj Batra 5.2k●3●20

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Asked: Feb 21 '13 at 09:18

Seen: 3,156 times

Last updated: Feb 21 '13 at 09:47