Leave Travel Allowance
Leave Travel Allowance is an allowance that is usually paid as part of Salary (Annual CTC to be specific) by employers to their employees. The original idea behind the LTA component was to help the employee meet his travel expenses. However, of late it has become yet another component of the CTC and no one cares much about it except how much is paid out as LTA every year by the employer.
what is means Current CtC and Exp Ctc
CTC
LTA vehicles are a new concept design of vehicles that are "lighter than air." LTA projects are often seen in schools to test students ability to design. LTA vehicles may be constructed with balsa wood, balloons, epoxy, and helium.
You need to first be on a travel with your family. The travel expense (bus/train tickets) can be claimed as LTA If you get LTA as a fixed amount each year, you submit this proof to avail tax benefit. If your company reimburses LTA, then you submit this proof and get the money reimbursed.
CTC Media was created in 1989.
CTC - cycling - was created in 1878.
TUTUN-CTC was created in 1924.
CTC refers to the current Cost to Company. CTC is a term that is used to describe an investment without a return. Things like the travel expenditures and interviewing are usually interpreted as CTC's.
If company does not offer any annual benifits, we can also compute monthly CTC
CTC = Cost To Company
What is net salary if ctc is 30000
What is the meannig of Existing CTC