Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
Leave Travel Allowance is a salary component that reimburses domestic travel costs for the employee and family, exempt from tax under specified conditions.
Your employer can reimburse domestic trip travel costs tax-free, within limits and rules.
Exemption is available for two journeys in a block of 4 calendar years, covers only travel fare (not hotel/food), and requires proof of travel. Not available under the new regime.
An employee claiming ₹25,000 for a flight to visit family can get it tax-free as LTA if within the block-year limit.
Your employer can reimburse domestic trip travel costs tax-free, within limits and rules.
Leave Travel Allowance (LTA) helps you evaluate products, compare options, and make informed decisions aligned with goals, tax rules, and risk tolerance in the Indian financial system.