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LTC Cash Voucher Scheme: Here’s All You Should Know
In a bid to lift consumer demand as it came to fore that savings of government and organized sector staff was seen rising amid the pandemic, Finance Minister Nirmala Sitharaman on Monday announced the leave travel concession (LTC) cash voucher scheme. ...
Ltc Cash Voucher Scheme Here S All You Should Know

5 Common Components Of Salary That Are Exempt From Income Tax
When you receive your salary payslip, you may have observed that your salary has a break-up of different components. These components include allowances that help with your day-to-day expenses and also give you the opportunity to save up on your tax ...
Union Budget 2019-20: Expectations Of The Common Man
In the Interim Budget for the fiscal year 2019-20, Piyush Goyal announced some relief to small taxpayers by extending the tax rebate and other similar sops but the Section 80C deduction limit has remained at Rs. 1.5 lakh. From the Union ...
Union Budget 2019 20 Expectations Of The Common Man
How To Claim Income Tax Exemption On LTA?
To claim income tax exemption on leave travel allowance or leave travel concession (LTC), you need to be familiar with the eligibility criteria. This component (LTA) can be most likely be part of your overall CTC but cannot be treated as ...
How Claim Income Tax Exemption On Lta
What Is Leave Travel Allowance (LTA)? How To Claim It?
If you are not aware of it, leave travel allowance (LTA) forms a part of your CTC (cost to company). You can claim a "leave travel concession" as a salaried taxpayer under section 10(5) of the Income Tax Act, 1961. It ...
How Claim Leave Travel Allowance Lta
All About Leave Travel Allowance (LTA) and Tax Treatment
Leave Travel Allowance (or LTA in short) is an allowance granted by employers to meet the employees travel expenses during the year. So if you are the kinds who often go on holidays with family, it pays to use your LTA ...
All About Leave Travel Allowance And Tax Treatment
LTA and the Block of Four Years
You could claim LTA exemption in respect of any two journeys in a block of four years. The current block is 2010 to 2013. Say for example, you claim LTA exemption in 2010, then you could claim just one more till ...
All About Leave Travel Allowance And Tax Treatment 1 Page
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