Searched for
LEAVE TRAVEL ALLOWANCE
Rules for faster full and final settlement, annual leave encashment & other provisions are already effective under new labour code even without state government notification, know what it meansNew labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and...- Tata Motors rolls out VRS after union push; around 300 employees opt inTata Motors recently offered a voluntary retirement scheme to its employees. This initiative was a response to demands from worker unions. ...
- From Rs 6.8 lakh to Rs 4.5 lakh: Redditor explains how to save Rs 2.3 lakh in income tax in a year legallyA Redditor demonstrated significant income tax savings under the new regime by strategically restructuring their salary with components lik...
- LTA exemption in new tax regime: Can you claim leave travel allowance exemption in new tax regime or is it taxable?LTA exemption in new tax regime: Many salaried employees have a leave travel allowance as part of their CTC. However, due to tax regimes (o...
- Unused LTA utilisation: Take a holiday and travel in India before March 31, 2025, to save income tax; know how to make this plan workLeave Travel Allowance (LTA): Eligible employees who have an holiday on March 31, 2025 on account of Eid al-Fitr can make use of their unus...
- Submit LTA proofs before March 31, 2025, to avoid risking tax notice when claiming LTA tax exemption in income tax returnLTA exemption: A salaried employee opting for the old tax regime can claim an exemption for leave travel allowance under Section 10(5) of t...
- Leave Travel Allowance: This is the last date for current LTA blockSalaried employees can claim Leave Travel Allowance (LTA) for travel expenses incurred during leave, covering up to two journeys within a b...
- LTC scheme an option to avail the benefit without travelling: FinMin clarifiesThe ministry said analysts raising doubts over the scheme were basing their arguments on the erroneous assumption that leave travel money c...
- Nirmala Sitharaman offers tax exempt payment of LTC/LTA without the need to travelNirmala Sitharaman offers tax exempt payment of LTC/LTA without the need to travel
- Submitting fake bills to lower your tax liability? Tax department has ways to catch youWhile submitting proof for reimbursements make sure it is real and not fake as that would get you in serious trouble with the tax departmen...
- Tax Optimiser: How NPS, perks can help salaried Das reduce his tax by 28%Das can reduce his tax if his pay structure is revised to include more tax free perks, he opts for the NPS benefit offered by his company a...
- Confessions of a fake CA exposes lacuna in e-filing of tax returnThe online filing system introduced to bring in transparency can easily be short-changed as one can claim tax refund without any supporting...
- How you can use LTA to go on a tax-free vacationUnder LTA coverage one is allowed to claim exemption for self, spouse, two children, dependent parents and dependent siblings.
- 5 things you must know about LTA deductionThe deduction is limited to the extent of actual travel costs incurred by the employee. The total cost of the holidays is not covered, only...
- How to make the most of your Leave Travel AllowanceHolidays can mean heavy expenses. However, if you are a salaried individual, you can use the same vacation to save a decent amount on tax o...
- Tax sops likely in Modi government's first full year Budget on SaturdayThe Finance Minister is also likely to pursue the path of fiscal consolidation and keep the fiscal deficit target at 3.6 pc of GDP.
- LTA to enjoy tax exemption in new regimeThe government may allow the Leave Travel Allowance (LTA) to be exempted from taxation once the Direct Tax Code (DTC) comes into effect.
- DTC bill scraps LTA from tax exemption listSalaried taxpayers may have less kitty for holidays from April 2012, with the government proposing to scrap tax incentives on leave travel ...
- Why some tax concessions make economic senseThere are a few tax concessions which have a strong case to be continued and even be enhanced in scope and quantum.
- ET in the Classroom: Leave Travel AllowanceET brings out a prime on Leave Travel Allowance, which is offered to employees by companies to offset the tax liability.
Load More
