What does the LTA reimbursement mean, do they reimburse fligh ticket when we travel to our hometown?

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Yes, Only applicable if u opt for the old tax regime.
U have to claim with flight tickets/ boarding pass to get that tax free component.
Mark my word don't provide fake ticket/ bills in any of the claims. You will be literally thrown out of the firm under non-compliance.

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You don't need to claim it,
It gets added into monthly salary payment as a taxable component, tax is calculated on total salary receivables. For more details ask your CA friend or CA.

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+1

Okay for mobile reimbursement we don't need to claim under new tax regime? It will be automatically reimbursed? Or we have to claim it?

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Hi Fishes,

l interviewed for Deloitte (India not USI) in January, and accepted an offer letter with DOJ of 25th April, later HR asked me to join on 11th April for which I agreed. Now I haven't received the revised offer letter or any links other than BGV and Pre-Hire form from Deloitte and now the HR is not even picking my calls or responding to emails.

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Hi. I got selected as a consultant in Global business services role (SA&MA) in DI. Can someone throw some light on this practice as what it does? Will the clients be India based or overseas?

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Hey fishes. I have been offered Management Consultant role with CTC break up in terms of JB, RB, fixed and variable. So is the fixed amount my gross salary without any other deduction except TDS, or will the organisation contribution to PF be also deducted from the fixed component? Also, will claimable components like LTA, mobile bill reimbursement etc. be in addition to this fixed component or will they be included in it?

Does LTA and phone allowance are processed each month as a taxable income if we do not produce the bills ?

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