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PerkyMarshmallow
PerkyMarshmallow
22mo
by
TCS

BOB Clarification

I need a clear visibility on BOB because there is Option of LTA where we can give upto 40k/Month which is fully non-taxable . But it finance team require the ticket to claim or how to progress ???

Also, help me on all Non-Taxable and Taxable limits so I can change the BOB

22mo ago
SqueakyNarwhal
SqueakyNarwhal
TCS
20mo

LTA you can't claim total, as per IT law, you can only spend a certain percentage of basic salary for tickets for a given financial period. I'd advise not to have more than 50K per YEAR under LTA.. if it happens more than it then you can do it through IT return.

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