Going to join NTT Data in December. I have few questions, pls help:
- if I join in Dec, will I be eligible for the variable and increment (if any) for the current cycle in June/July?
- What is the general variable payout %. Last year was exceptional, want ro know the general trend.
- In offer letter it shows "children education allowance". Does this mean the school fees become tax-free if bills are submitted?

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School tuition fees is tax free as per 80c it is not with respect to any company.

Ohh..I got it now. Basically that's of no use with only EPF is good enough to cover the 80C limit

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