<meta name="google-adsense-account" content="ca-pub-6363428395369086">

Tax planning: Key deductions and exemptions everyone should know

Leave Travel Allowance (LTA) lets salaried employees claim tax exemptions on travel expenses during their leave incurred for domestic travel for themselves and their family. This exemption solely covers travel expenses; it does not cover extra costs like accommodation or food. It can be claimed twice in a block of four years.

Source

Leave a Reply

Your email address will not be published. Required fields are marked *