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They will deduct that money from in-hand salary, it's better for tax saving purposes

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Will they give this 100%?

Retention bonus you will get after completing 1 year and same process will continue until you are with TCS

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Lta, food coupons, fuel, vehicle maintenance or any reimbursement component are not given in monthly payslip rather they are reimbursed upon showing proofs....I am not just talking about TCS, there are many other reimbursement components offered by different different companies....one of the main benefit is obviously tax benefit....For example, u have declared lta as 1 LPA, it will not come in ur monthly salary, once u travel, show the bills, amount will be reimbursed to u without deducting any tax...at the end of the year, say for example u have recovered 80k lta throughout the year then rest 20k will be credited after deducting the tax.....if u have not availed any lta then entire 1 LPA will be credited but after deducting tax.....if u do not want to avail, then declare as zero, this amount will come in different component and will be included in ur monthly payslip, so during loan application ur payslip will have a higher value, a higher loan will be approved...plz note, monthly performance pay or quarterly variable pay were not considered by bank in my case, and I had to declare all other components as zero and show last month payslip during loan application.....any other person might have a different experience....but I shared my experience

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