My employer provides me Medical Reimbursement of Rs. 5000/- Per Annum and LTA of Rs. 5000/- Per Annum. I want to clarify myself that-
A) Suppose for a year my medical expenses are Rs. 7200/- PA( more than the amount given by employer). Then do I have to pay that extra Rs. 2200/- from my pocket?
B) Suppose for a year my LTA expense is Rs. 8000/-. Then in this case also do I have to pay that extra Rs.3000 from my pocket?
Please clarify