Larsen & Toubro Infotech Hello Fishes,

Joining Bonus in LTI will be paid fully as mentioned or the taxes will be deducted while paying?
If taxes are applicable, how much?
Larsen & Toubro Infotech
#lti #joiningbonus #lntinfotech

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Generally, tax gets deducted when you receive joining bonus..which you can claim later based on your it return

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For me they deducted the tax amount for JB

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20% will be deducted as tax during payout , you can claim it while filing IT

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Total TDS you can mention the tax you were deducted and declare all your deductions and allowances ( assuming u r in old tax scheme).You should get tax refund.

In my offer letter JB not mentioned but in Salary discussion HR agreed upon JB .. will they send jb?

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Thank you . I will follow the same

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