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...
10 Mar, 2025, 05.44 PM IST
LTA or Leave Travel Allowance exemption limit, eligibility, restrictions, documents you need to submit: LTA latest rules hereLeave Travel Allowance (LTA), which is component of your salary, helps cover travel expenses incurred during your vacation. While it covers...
20 Aug, 2024, 12.44 PM IST
Central govt employees, private employees can't claim LTA if they don't follow these rules; LTA eligibility, other latest updatesLTA for central govt employees: Employers offer Leave Travel Allowance (LTA) to offset travel expenses during leave. It covers airfare, tra...
16 Aug, 2024, 02.24 PM IST
How to claim LTA: Eligibility, LTA rules, documents you need to submit, how much amount you can claim and moreLeave Travel Allowance or LTA, a component in your salary, helps offset travel expenses incurred during your vacation. The benefit extends ...
17 Apr, 2024, 10.36 AM IST
LTA exemption: Submit tax-saving proofs to employer by March 31 deadline as claiming LTA in ITR is a hassleLTA, usually a component of your salary, covers the expenses of your travel during vacation. The cost incurred for family members who trave...
31 Mar, 2024, 09.45 AM IST
Don't forget to claim your LTA tax exemption this year: Here is howLTA exemption is available for 2 journeys in a block of 4 yrs. While the current block is 2022-25, one can undertake three journeys in the ...
10 Mar, 2023, 11.16 AM IST
How to claim LTA from your employerBefore availing of the tax benefit on LTA, there are, however, certain other important conditions attached to it. Read on to know them. Do ...
28 Feb, 2022, 01.09 PM IST
Should you opt for the LTC cash voucher scheme? Here's how much tax you will saveHere is a look at how much you stand to gain by opting for the LTC cash voucher. This story will tell you about the rules of availing the L...
11 Feb, 2021, 04.24 PM IST
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.
06 Nov, 2017, 02.34 PM IST
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...
13 Jul, 2015, 08.23 AM IST
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...
04 May, 2015, 11.13 AM IST
Leave travel allowance (LTA) to be tax exempt only for domestic travelThis was clarified in a recent ruling by the Chandigarh bench of the Income Tax Appellate Tribunal (ITAT) while hearing an appeal of a PSU ...
15 May, 2013, 12.01 PM IST
- When and how to claim LTA to maximise tax benefits
If you are entitled to leave travel allowance, you can claim it to reduce your tax. Find out when and how to claim it before you catch your...
14 Mar, 2011, 03.36 AM IST
- PF Primer: Your LTA can help you save on tax
Tax benefit from LTA cannot be claimed every year, but only twice in a pre-defined block of four calendar years.
25 Jan, 2011, 11.17 AM IST
- LTA to enjoy tax exemption in new regime
The government may allow the Leave Travel Allowance (LTA) to be exempted from taxation once the Direct Tax Code (DTC) comes into effect.
02 Sep, 2010, 11.28 AM IST
- Query corner: Tax
Our expert helps you Understand the Complexities of Tax In This Weekly Column.
12 May, 2010, 01.52 AM IST
- ET in the Classroom: Leave Travel Allowance
ET brings out a prime on Leave Travel Allowance, which is offered to employees by companies to offset the tax liability.
03 Feb, 2010, 03.08 AM IST