Dear Friends,
In Indian Payroll, I've to configure LTA with below points given by user-
- Standard configuration to be provided.
- SAP provision for calculating the tax on LTA if its paid more than 2 times in a 4 year bracket.
Carry forward is allowed to the subsequent year and tax liability would be difference between the entitlement & bills provided for. Need to capture the amount of bill produced
Regards,
NBN