medical and lta faq cs

2

Click here to load reader

Upload: appuacca

Post on 02-Jun-2018

218 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Medical and LTA FAQ CS

8/10/2019 Medical and LTA FAQ CS

http://slidepdf.com/reader/full/medical-and-lta-faq-cs 1/2

Medical Reimbursements

1. Amount of medical reimbursement claims per financial year is limited to a maximum of Rs.15,000/-

2. Reimbursement can be claimed for medical treatment and expenses incurred for self, spouse,children and dependent parents, brothers and sisters

3. All types of medical expenses can be claimed including, medical tests, X-rays, CT scan, childbirth, except hospitalization charges. For Lens purchased, receipt should be attached with thepractioner’s certificate.

4. Medical Reimbursement will be proportionate to the number of months spent in the financialyear for employees who have joined or separated during the year

5. Photocopies of Medical Bills will not be considered for Tax exemption.

6. Purchase of Cosmetics/Sanitary items will not be considered for exemption

7. Amount spent for Dental treatments are allowed

8. Amount spent on Purchase of Spectacles/eye treatments is allowed. However amount spent onpurchase of Contact Lens/Goggles are not allowed.

9. If employees have not allocated medical in their Flexi Plan they will not be eligible to claim forReimbursements.

10. Medical allocation will be activated from the month in which the Flexi plan is opted.

LTA

1. For Air Travel – Original Air tickets along with Boarding Pass has to be submitted. In case ofInternet booking – the relevant e-ticket printouts and original boarding pass is mandatory to beSubmitted with the claim. Eligibility would be limited to Economy Airfare of Indian Airline tickets orProofs submitted

2. For Travel by Train / Bus – Original Train / Bus Tickets to be submitted. Eligibility would belimited to A/C First class train or the Proofs submitted, when the places of destination areconnected by rail and If they are not connected by rail then eligibility would be restricted to firstclass deluxe fair recognized Public or Private transport system. (Online Train t ickets purchasedalso would be accepted. However Leave details will be cross verified)

3. Two journey in a block of 4 calendar years (Jan-Dec) are exempt. Current block is calendar year2010 to 2013.

4. Tax benefit for actual fare only. Hotel, food, sight-seeing, local conveyance, etc. not allowedand Travel within country only eligible. Travel to foreign country not eligible for tax benefit.

5. Exemption is available for farthest place by shortest route when circular journey is performed.Eg., Travel from Bangalore to Mumbai and Mumbai to Delhi. The travel from Bangalore to Delhiwould be considered

Page 2: Medical and LTA FAQ CS

8/10/2019 Medical and LTA FAQ CS

http://slidepdf.com/reader/full/medical-and-lta-faq-cs 2/2

6. Exemption is available only if Employee has accompanied with his family for the trip and hastaken leave from the Company

7. Exemption is available only for Self, Spouse, Children and Parents. Please note that Exemptionis not available for In-Laws of the employee

8. Travel by Own vehicle is not eligible exemption.

9. If the employees relatives including wife and other family members travel, without employeeaccompanying them, no LTA can be claimed

10. If employees have not allocated LTA in their Flexi Plan they will not be eligible to claim forReimbursements.

11. LTA allocation will be activated from the month in which the Flexi plan is opted.