Leave Travel Allowance (LTA) is a salary component given to an employee by employers for travel. It is also known as Leave Travel Concession (LTC. It also helps them save tax on the amount spent on traveling within the country once they are on leave from work.
Every company has different LTA policies based on the pay scale, position, etc. Whether a corporation wants to provide LTA to an employee solely or with family is depend on that only.
Rules For LTA:
Also, See: Leave Policy
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