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Leave Travel Allowance (LTA) | How to Claim LTA Exemption | Rules & Important Points to be remember

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Career Chrome

Career Chrome

Күн бұрын

Hello People,
Todays video is a viewers requested topic so in this video I have shared knowledge on LTA(Leave Travel Allowance) like what is Leave Travel allowance, how to claim LTA and how to get LTA all the rules and regulations I have discussed in this video today, everything I have shared in detail so please watch the full video from start to end so that you wont miss
out any point which I have shared based on my knowledge.
Hope you guys found this video helpful and also feel free to comment below for any query / doubts.
Make sure to subscribe to my channel for more such videos and if you like the video just do let me know by clicking the like button and don't forget to enable the notification to get notified for my latest upcoming videos.
Please share the video with your friends and family.
Thanks you
You can reach me out here careerchrom@gmail.com
Instagram: caree_rchrome
#LTA
#LeaveTravelAllowance
#ClaimExemptiomONLTA
#AllYouNeedtoKnow
#StepbyStepInformation

Пікірлер: 414
@invisibler3
@invisibler3 15 күн бұрын
Thanks for this video. I was confused whether they paid without travelling or not. So same applies for meal allowance right? If dont use entire money allocated in a month, rest will be paid as taxabale?
@ramyasriramya2020
@ramyasriramya2020 Жыл бұрын
How many cards in all purpose uses travel, accommodation, credit card and debit card, in extra cards tell me
@gujarisantamanyugmai
@gujarisantamanyugmai Жыл бұрын
I couldn't submit bills to my employer.hence in form 16 deduction didn't happen. Can I claim the deduction while filing ITR? Note : LTA is present in salary slip.I have the bills.
@CareerChrome
@CareerChrome Жыл бұрын
Yes you can do that
@MrKurall
@MrKurall Жыл бұрын
What will happen if I don't claim LTA...is it an advantage or disadvantage or no change? I have seen LTA in every month payslip...that means I am already getting it right? 2. If I apply for LTA now will I not get LTA in my pay slip from the next month? 3. I have LTA of Rs.1,125 in my payslip everymonth and I have been working for 3 years, and I have a domestic flight ticket of Rs. 10,000. If I apply for LTA, how much will I get and also will I get LTA in the next month payslip?
@CareerChrome
@CareerChrome Жыл бұрын
If you are getting every month then only thing keep in mind is submit the invoice at right time to avoid tax deductions
@karnakarapandit3342
@karnakarapandit3342 Жыл бұрын
Is this the amount we will get extra after our salary ..? What will happen if we didn't claim the amount..?
@CareerChrome
@CareerChrome Жыл бұрын
First you have to check yout payslip whether it's included in your ctc or not then rest
@karnakarapandit3342
@karnakarapandit3342 Жыл бұрын
@@CareerChrome it's there and mentioned as Max 1 lac/year ..But if I claim that will I receive extra 1 lac apart from my CTC ..? if I didn't used them will it be automatically credited as a salary after end of the block..?
@ManojKumar-zy6co
@ManojKumar-zy6co Жыл бұрын
In private sector LTA is comes in salary slip every month. Is it taxable.
@CareerChrome
@CareerChrome Жыл бұрын
Yes you have submit invoice of your travel otherwise it will be taxable
@qp6919
@qp6919 Жыл бұрын
Can I accumulate lta of 1st and 2nd year .... and give bills to claim all the lta balance? .... it will be exempt right?
@rakeshkumar-xq8ei
@rakeshkumar-xq8ei Жыл бұрын
Respected Madam, My Two son travel from other city & reached to hostel, myself and wife travel from Actual city to Destination ,I have train ticket ,Flight ticket ,Taxi bill with GST ,can I claim the LTA ,Leave have taken 7 days
@CareerChrome
@CareerChrome Жыл бұрын
Yes
@ashutoshsanodia5690
@ashutoshsanodia5690 Жыл бұрын
Where to claim LTA, allsec or myte ( is there any charge code for it )?
@CareerChrome
@CareerChrome Жыл бұрын
Check out internally
@ankitmishra7651
@ankitmishra7651 Жыл бұрын
I have travelled, I have proof but not applied leaves. Travelled on Saturday and Sunday can I claim LTA?
@BharathKumar-ir5wf
@BharathKumar-ir5wf Жыл бұрын
No Sir..To avail LTA, You should be on Leave during that period
@CareerChrome
@CareerChrome Жыл бұрын
You will get yout lta amount but if it's not taken leave and if it's a holiday then tax will be deducted
@shwetank2609
@shwetank2609 Жыл бұрын
Can i claim LTA if I have travelled through air by private airlines like indigo etc..?
@RohitSharma-dh8gr
@RohitSharma-dh8gr Жыл бұрын
yes
@harinharidas6074
@harinharidas6074 Жыл бұрын
Is it applicable for defence person also???
@CareerChrome
@CareerChrome Жыл бұрын
Depends on your policies
@std2843
@std2843 Жыл бұрын
Hello Mam, My salary breakup have LTA component around 1500rs/Month but it's not adding in monthly salary slip when and how company will reimburse?
@CareerChrome
@CareerChrome Жыл бұрын
Check internally
@TheJugaadGuy
@TheJugaadGuy Жыл бұрын
Can we get claim both Flight + Ship if I visit Island like Lakshadweep or Andaman.
@TheJugaadGuy
@TheJugaadGuy Жыл бұрын
Bcoz Till Airport plane is required and to go the main Island....ship is required
@CareerChrome
@CareerChrome Жыл бұрын
No
@sachinupadhyay2886
@sachinupadhyay2886 Жыл бұрын
Is there any rule we can travel only on weekdays otherwise we will not eligible?
@CareerChrome
@CareerChrome Жыл бұрын
Many organisations that go strictly by the wordings of the income tax provision are allowing employees to claim LTA only if the employee applies for leaves and travel during that time. Such organisations may reject LTA claims for travel on official holidays or weekends.
@sachinupadhyay2886
@sachinupadhyay2886 Жыл бұрын
@@CareerChrome Thank you for your response
@vinitbais6104
@vinitbais6104 Жыл бұрын
What if I don't claim my LTA in any year. It is also a part of CTC in this case. What happens then?
@CareerChrome
@CareerChrome Жыл бұрын
It will get credited as per company policy but after deduction of tax they will credit to your account
@akshaysharma2952
@akshaysharma2952 Жыл бұрын
Lta won’t be part of fixed but it comes under ctc. You need to double check
@CareerChrome
@CareerChrome Жыл бұрын
Yes that's right
@balusamythangammal6953
@balusamythangammal6953 Жыл бұрын
Hello, We went round trip between chennai to delhi by economy flight and there we took taxi to roam locally in delhi. Here can we claim both flight and taxi bills ?
@CareerChrome
@CareerChrome Жыл бұрын
Taxi you can't, flight you can claim
@lakshmikanth4573
@lakshmikanth4573 3 ай бұрын
When will the LTA amount is paid to employee if employee not used travel expenses
@pruthvichowdary1352
@pruthvichowdary1352 Жыл бұрын
Pretty clear information
@CareerChrome
@CareerChrome Жыл бұрын
👍
@jagritishahi6920
@jagritishahi6920 Жыл бұрын
Hello Mam, My salary is 4.5lpa and LTA 16500 max its come under my flexi benefits. Every month 1375 will get as LTA..so if i apply for LTA do that amount will deducted from salary which m getting as LTA every month?
@CareerChrome
@CareerChrome Жыл бұрын
No you can save the tax by submitting proof, if you are getting monthly then no need to apply just submit proof to save tax
@adityakavdia7468
@adityakavdia7468 Жыл бұрын
Hey, great work.. just had one doubt- say in a block of a week traveled to three destinations (A to B then B to C then C to D) and returned from D to A. Can I use the total cost of travel fare when claiming LTA exemption?
@CareerChrome
@CareerChrome Жыл бұрын
Based on your LTA you will get exemption
@anishdalvi7054
@anishdalvi7054 2 жыл бұрын
Thanks for the update..I wish IT authority become practical and come up with better LTA scheme specially when people are avoiding traveling due to pandemic and using public transport...I learnt the current exemption criteria are much lower .
@CareerChrome
@CareerChrome 2 жыл бұрын
Hope so
@lightningcouldstrikee1403
@lightningcouldstrikee1403 Жыл бұрын
LTA carryover to next block , how to claim ?
@CareerChrome
@CareerChrome Жыл бұрын
Check internally with Hr representative
@lightningcouldstrikee1403
@lightningcouldstrikee1403 Жыл бұрын
@@CareerChrome What do if I have switched jobs ?
@santoshkalange9059
@santoshkalange9059 Жыл бұрын
Hi If am planning to travel 6 days that was Tue to Sun. So if i applied leave for 4 days i.e. Tue to Fri because Sat Sun is an default leaves so is that am able to claim travel tickets for Sunday..?
@CareerChrome
@CareerChrome Жыл бұрын
Yes
@RamapatiMaurya
@RamapatiMaurya Жыл бұрын
Any time gap is required between start journey & return journey?
@CareerChrome
@CareerChrome Жыл бұрын
Dint get please reach out to me in instagram
@DexterousGirl
@DexterousGirl Жыл бұрын
Hi, i have query regarding LTA 1. Is source and destination matter in train ticket 2. Can we claim for connecting train to reach destination 3. If we go by flight then we need to go by air india or any like indigo spicejet 4. Starting and ending date is it compulsory to take all day leave, as you know wfh is there ... In between 10 days of journey of I want to work 2 days is it possible... I think no... What's ur thought on that?
@CareerChrome
@CareerChrome Жыл бұрын
1. Yes 2. Yes 3. Anything is fine 4. Some company will look for it compulsory and some may not so do look out your company policy on LTA
@DexterousGirl
@DexterousGirl Жыл бұрын
@@CareerChrome mean journey should start with work location?
@godwingodwin2351
@godwingodwin2351 2 ай бұрын
Very nice explanation
@pradipde3853
@pradipde3853 Жыл бұрын
how to get exemption of LTC received from 2 employers in case of switch of job? In one Form 16, LTC is shown u/s 10(5) and in the Form 16 of other employer, nothing is shown under Sec 10(5). Can I merger the figures while filing return although 1 figure is not appearing in the exemption section of Form 16.
@ramkumar_balu
@ramkumar_balu Жыл бұрын
Well narrated 🙂
@CareerChrome
@CareerChrome Жыл бұрын
👍
@raghavendrakaruturi9386
@raghavendrakaruturi9386 Жыл бұрын
Hi madam, I have travelled from Hyderabad to Bangalore nd back Bangalore to Hyderabad multiple times in the same year in each month, can I submit all those individual bills?
@CareerChrome
@CareerChrome Жыл бұрын
Yes but you can claim max alloted amount not more than that
@ank8997
@ank8997 Ай бұрын
Under which rule Who is the competent authority to give approval to settle LTC/TA bill
@CareerChrome
@CareerChrome Ай бұрын
Reach me out in instagram or gmail
@rathinchanda192
@rathinchanda192 Ай бұрын
Thanks for the video..... Can you please explain One journey means is it up and down both.
@CareerChrome
@CareerChrome 26 күн бұрын
Sure will make one more video on the same soon
@waytodreamswithsachin2233
@waytodreamswithsachin2233 Жыл бұрын
Hi man, In next month I am going to join accenture. In my competition LTA is mentioned 40k yearly and 3333 per month. I will not travel then can I get 3333 per month in my salary slip or I need to do something (means need to apply anywhere). Plz reply
@CareerChrome
@CareerChrome Жыл бұрын
Yes you can get after tax deduction
@mehak5799
@mehak5799 Жыл бұрын
Can you help me how to select that option
@habeebahmad2176
@habeebahmad2176 Жыл бұрын
Can I claim LTA in a block of 4 years, in first two year. suppose block year 2022 to 25 can I claim both LTA in 2022 and 2023?
@AnuragKumar698
@AnuragKumar698 Жыл бұрын
LTA is a part of the CTC, it's not separate
@CareerChrome
@CareerChrome Жыл бұрын
Yes it's part of CTC
@siddharthmoghe3296
@siddharthmoghe3296 Жыл бұрын
Doubt: If I go on leave and I travel from Mumbai to Chennai and then return after 7 days from Chennai to Mumbai. So will this be considered as a single journey or double journey ?
@CareerChrome
@CareerChrome Жыл бұрын
Single
@sanjanashaha4720
@sanjanashaha4720 Жыл бұрын
Mam can I claim LTA in year 2023(may 2023) for the travel expenses incurred in The year 2022(feb 2022)?
@CareerChrome
@CareerChrome Жыл бұрын
Yes
@nageshkausadikar9225
@nageshkausadikar9225 Жыл бұрын
My wife is having LTA in her CTC letter but her salary is under 5LACS (non taxable). Can she ask for claim to employer ????
@dinkarkohli7276
@dinkarkohli7276 2 жыл бұрын
what % of tax would be taken if we are not taking LTA ?? lets suppose if somebody have 30k in LTA
@CareerChrome
@CareerChrome 2 жыл бұрын
Based on your tax slab you comes under for example if your salary is 7lakh then you comes under 5% tax slab right, so 5% on your LTA
@sasisai8641
@sasisai8641 Жыл бұрын
If I travel through a travel agency with decent tour package then I claim lta, then how can i get proofs
@CareerChrome
@CareerChrome Жыл бұрын
Get the bills from travel agency
@gagankumar3708
@gagankumar3708 Жыл бұрын
Hi Would I be eligible in the following case:- I travel by flight(delhi to amritsar) and come back by train(amritsar to delhi) ?
@asrytube
@asrytube Жыл бұрын
Is the exemption only for govt employees
@CareerChrome
@CareerChrome Жыл бұрын
For all sectors
@albyreji3007
@albyreji3007 2 жыл бұрын
My LTA is 3333, so if i didnt claim will it be added to my salary. Also is it possible to claim fuel expense if we travel by road? Could you please tell us what all bills are accepted other than flight and train.
@CareerChrome
@CareerChrome 2 жыл бұрын
Bus ticket is also acceptable and LTA should be claimed 4 yearly twice
@anish6199
@anish6199 2 ай бұрын
I get LTA but not included in salary slip and i get LTA expense reimbursement so am i eligible for LTA exemption?
@adnansiddiqui9672
@adnansiddiqui9672 Жыл бұрын
Hello Ma'am I have 50K LTA in my offer letter and i m working in Wipro .. Could you please elaborate how much I could avail. And is it allowed to claim for personal leave like for meeting family ??
@CareerChrome
@CareerChrome Жыл бұрын
Yes you can avail full amount in 2 years
@prabhanshu3343
@prabhanshu3343 5 ай бұрын
I have join the company in June 2023 and my probation period is of 6 month and my probation completed in January 2024. I want to know that could I still get the LTA from company as it is one of the component of my salary.
@CareerChrome
@CareerChrome 4 ай бұрын
Yes
@swaroopdurbha1280
@swaroopdurbha1280 2 жыл бұрын
Hi, Can we claim LTA for any other family or friends who travelled with us in same PNR?
@CareerChrome
@CareerChrome 2 жыл бұрын
only for your and your dependents
@ashwinn211
@ashwinn211 Жыл бұрын
1. 8:22 when will I get the amount, is the at the end of every FY or when you leave the company (FNF) 2. If I have joined a new company on Oct '22, can I submit proof of my travel if I have done between April '22 to Sep '22?
@CareerChrome
@CareerChrome Жыл бұрын
1. Every year/month 2. You have to check internal policy
@sarthakjain1377
@sarthakjain1377 11 ай бұрын
Thankyou for the video. I have 2 queries:- My CTC included LTA component. Will I get LTA amount credited every month or it is like I have to show travel expenses and then can get reimbursements for same.
@CareerChrome
@CareerChrome 11 ай бұрын
That you need to check in your offer stack
@RohitSharma-dh8gr
@RohitSharma-dh8gr Жыл бұрын
Thanks for this information! One Question: I am getting LTA in my salary and i traveled by Air in Nov 2022 from New Delhi -To- Trivandrum and I submitted the bills for this one-way travel to my employer in January 2023 and the flight amount got approved and reflected in my form-16 as well under section 10(5) but I also traveled return journey from Madurai To Agra Cantt in 3rd AC and i forgot to claim it to my employer. Can i claim it in my ITR filling by increasing the amount value in section 10(5)? Does return journey in 3rd AC can be claimed in LTA? FYI, the Flight amount was Rs 14000 whereas the return journey train amount was = Rs 4500/. So can i claim it as a total Rs 18500 in section 10(5)? please clarify
@devam6189
@devam6189 2 ай бұрын
i think you can claim, but it has limitations with dates or leaves need to taken or can we go at weekend???
@satish4052
@satish4052 Жыл бұрын
If have done 3 to 4 journeys in a year. Can I claim it?
@CareerChrome
@CareerChrome Жыл бұрын
Journey amount should not exceed your LTA limit
@leisurebee602
@leisurebee602 Жыл бұрын
I travelled on weekends, will i be applicable for LPA ?
@CareerChrome
@CareerChrome Жыл бұрын
Many organisations that go strictly by the wordings of the income tax provision are allowing employees to claim LTA only if the employee applies for leaves and travel during that time. Such organisations may reject LTA claims for travel on official holidays or weekends
@vamsi6256
@vamsi6256 2 жыл бұрын
Explain about income tax ..How much tax will we pay if our CTC is 5.5lpa or 6.0lpa
@CareerChrome
@CareerChrome 2 жыл бұрын
Ok hopefully next video thanks
@PankajGadia
@PankajGadia Жыл бұрын
Hi, Thanks for the help and information. One question: If I have travelled in June 2021, and forgot to claim in block of 2018-21. It means I am eligible for carry forward. Now, carry forward has a condition of claiming it in first year of next block i.e 2022. 2022 itself financially ends in 2023, so can I claim it now while submitting tax proofs to the employer of financial year 2022-23 ?
@AA_The_One
@AA_The_One Жыл бұрын
Hi there, I have same question. Did you manage to get the answer ? If so, kindly share with me. Thanks in advance
@CareerChrome
@CareerChrome Жыл бұрын
Hope you got your solution by now if not reach out to me in instagram
@hariharrish9774
@hariharrish9774 2 жыл бұрын
I have travelled ladakh last year aug 2021 when I was in Wipro. Recently, I joined cognizant in January, will i be allowed to show the LTA here?
@CareerChrome
@CareerChrome 2 жыл бұрын
No the ticket dates should be after your joining date then only they will accept
@ganu13906
@ganu13906 Жыл бұрын
Can I travel through taxi for LTA claim
@CareerChrome
@CareerChrome Жыл бұрын
No I guess
@ganu13906
@ganu13906 Жыл бұрын
In hilly area there is no flight and train means no lta claim for summer vacation 😀
@sahilchamp
@sahilchamp 9 ай бұрын
If I travel from Delhi to Kolkata by Air (Economy) and back Kolkata to Delhi by AC 1 class. Will entire expenses of round trip can be claimed under LTA or any single way trip?
@devam6189
@devam6189 2 ай бұрын
yes you can claim
@KChapre
@KChapre Жыл бұрын
Can we claim LTA if we are travelling with In Laws?
@CareerChrome
@CareerChrome Жыл бұрын
LTa you can claim for following family includes spouse, children and wholly or mainly dependent parents
@SH-ib9ed
@SH-ib9ed 10 ай бұрын
LTA can be applicable for car petrol ?
@rkbbhatia9679
@rkbbhatia9679 6 ай бұрын
Maam one question ..if instead of train or air if I travel by private cab (outstation) trip to and fro from one state to another can I claim entire journey bill amount in LTA?
@devam6189
@devam6189 2 ай бұрын
nice question, answer please
@vinuthak7842
@vinuthak7842 Жыл бұрын
Thanks for information
@CareerChrome
@CareerChrome Жыл бұрын
Welcome
@saifnawaz9559
@saifnawaz9559 2 жыл бұрын
Greetings Ma'am, my accenture annual LTA is 40k and monthly is 3333, so is it that we are supposed to claim 3333 every month , or we can travel once in a year and claim 40K..
@CareerChrome
@CareerChrome 2 жыл бұрын
Your choice which ever you opt you have to discuss with your hr
@poojachavan6944
@poojachavan6944 2 жыл бұрын
Hi, I am also accenture employee and where I have to check wheater I got LTA or not? If it is there, then i can also claim it. Please help
@saifnawaz9559
@saifnawaz9559 2 жыл бұрын
@@poojachavan6944 check in your all sec portal, r ping me tomorrow, you can find me with Saif Nawaz, Mohammad
@mehak5799
@mehak5799 Жыл бұрын
Hi Can you please help me. I want my LTA to be added in monthly expenses. How I can do that in Allsec tool
@EforEngineer
@EforEngineer 2 жыл бұрын
Mam, My doubts: 1.Can’t we claim LTA for car travel? 2. 2 journeys means only two time travel ticket price? can’t we claim all my journeys during leave period by saving invoices and claiming all at a time (less than LTA amount in Payslip) 3. How only two journeys will cost 50-60k, if we travel by bus mam. Can we claim all our journeys with less bus ticket prices and claim all ticket prices in two instalments during these 4 years?
@CareerChrome
@CareerChrome 2 жыл бұрын
1. Only bus, train and flight you can claim 2.yes you can claim only for 2 journey considering your family i e., Dependents too 3. Only 2 journeys along with dependents that's what the rules are
@Tamil_Gamer_yt_TG
@Tamil_Gamer_yt_TG 5 ай бұрын
Hi if i have LTA and i am leaving the organisation will i get the LTA amout along with my final settelment when i leave my current organisation .. ? Thank you !
@CareerChrome
@CareerChrome 5 ай бұрын
Yes you should get
@aamirkhadri5010
@aamirkhadri5010 Жыл бұрын
For claiming LTA, do we have to apply for EARNED LEAVE only or casual leave also applies to it?
@CareerChrome
@CareerChrome Жыл бұрын
There is no particular leave category mentioned, I think you can claim irrespective of leave type
@divyakarthik0412
@divyakarthik0412 2 жыл бұрын
Hi Nazhia, I have declared LTA for FY 22 to 23, If I'm unable to submit travel proofs by Jan 23, Will they deduct my LTA amount from my salary? How should I carry forward my LTA to the next year. Is there any procedures to do so?
@CareerChrome
@CareerChrome 2 жыл бұрын
You can claim twice in 4 years (2022- 2025)
@meprajwal01
@meprajwal01 Жыл бұрын
Q1: If my LTA is 1 lakh and I travel only for 2 times in 2 years, spending 1 lakh per year, the remaining 2 year LTA i.e. 2 lakh will be taxable ? Q2: In above scenario, if I travel 4 times in 4 years, spending 1 lakh per year, I hope I can claim only 2 lakh? Q3: In same scenario, if I travel 2 year, spending 2 lakh per year. Can I claim 2 lakh in a single year LTA (my LTA is 1 lakh/year) ?
@CareerChrome
@CareerChrome Жыл бұрын
LTA can be claimed twice in 4 years
@meprajwal01
@meprajwal01 Жыл бұрын
@@CareerChrome I know it. I think you didn't ready my questions. Please read the questions and provide the information.
@pooranidheena8602
@pooranidheena8602 2 жыл бұрын
Hi Naziya, so LTA is not claimed by traveling or without traveling details within the block of 4 years, then in the end of those 4 years we will be paid back the LTA amount by not deducting or deducting the tax based on travel status right?
@CareerChrome
@CareerChrome 2 жыл бұрын
You will get paid every year as per the amount mentioned but after tax deduction but if you want to claim only twice you can claim with a block of 4 years without tax deduction it will be paid
@suhasgali4796
@suhasgali4796 9 ай бұрын
Hi madam, I have traveled from flight, then made a traveller cab and completed our trip, so in this case i can claim air fair and cab fair both under lta ?
@CareerChrome
@CareerChrome 9 ай бұрын
Only air fair can be claimed
@abcgames4454
@abcgames4454 2 жыл бұрын
I have travelled to a few cities of India as my personal holiday tour but i don't get any LTR from my institute. I do get paid travel expenses. Is it same as LTR ?
@CareerChrome
@CareerChrome 2 жыл бұрын
If you don't have LTA then you don't get it for more clarification reach out to me in instagram
@RachithaShekar-nf9xh
@RachithaShekar-nf9xh 7 ай бұрын
Thanks for the information. Can i club two trips while submitting LTA? Ex: in the same year, Q1 i went to manali trip Q3 i went to kerala trip. Can i claim both the amounts ?
@CareerChrome
@CareerChrome 7 ай бұрын
Yes, absolutely
@darkman5203
@darkman5203 2 жыл бұрын
Mam, I had 49300 salary per month.. And last month I applied LTA.(40000). From this month they are deduct the amount like 4000 from my current salary.. I wasnt aware that it would deduct from my current salary.. Do you have any idea.. Or they got mistake or something? Can I ask this
@CareerChrome
@CareerChrome 2 жыл бұрын
Reach out to me in instagram
@aswanathpu6308
@aswanathpu6308 2 жыл бұрын
@@CareerChrome insta Id pls
@satputeamey
@satputeamey 2 жыл бұрын
Hi, I have the same question...Did you get clarity on this ? If yes please let me know
@darkman5203
@darkman5203 2 жыл бұрын
@@satputeamey hello you got any clarity
@darkman5203
@darkman5203 2 жыл бұрын
@@CareerChrome please provide your insta ID
@SoumyaBiswas37
@SoumyaBiswas37 Жыл бұрын
LTA amount which is mentioned in offer letter, will it be paid on monthly basis along with salary?
@CareerChrome
@CareerChrome Жыл бұрын
Based on your choice
@PerfectMentor786
@PerfectMentor786 6 ай бұрын
Excellent
@CareerChrome
@CareerChrome 6 ай бұрын
👍
@amartyamukherjee4298
@amartyamukherjee4298 2 жыл бұрын
Can I claim for my travel costs under LTA exemption even if I travel with my friends? I mean I can just ask for rebate on my travel tickets right?
@CareerChrome
@CareerChrome 2 жыл бұрын
You can mention at the time of tax filing for the exemption
@priteshanthwal
@priteshanthwal Жыл бұрын
Ye mam "Got it" 😁
@CareerChrome
@CareerChrome Жыл бұрын
👍
@dhairyasoni9829
@dhairyasoni9829 Жыл бұрын
LTA means, if I'm going on vacation then the travel amount (upto mentioned in doc) is paid by my corporate? If I'm taking leave?? Plz reply
@CareerChrome
@CareerChrome Жыл бұрын
Yes you are right you will get paid for the travel as per the said amouny and Lta is traveling by taking leave
@praveenpaul2455
@praveenpaul2455 10 ай бұрын
Can i claim lta for 2018-2021,in the year 2024?
@dineshaggarwal8581
@dineshaggarwal8581 2 жыл бұрын
Hello Mam, In my salary slip there is no component for LTA/LCS in FY 2020-21. But the company is providing it as flexi allowance when someone submit the bills. I have not submitted any bills for LTA during FY 2020-21, So, it is not showing in my salary slip. But, I have purchased laptop and mobiles in March 2021, which are having GST of more than 12%. Can I claim the expense of my goods in ITR FY 2020-21 (submitted already, but revise ITR option is there) under Cash Voucher Scheme 2021 in LTA?
@CareerChrome
@CareerChrome 2 жыл бұрын
You can't claim on goods I guess but still check it in ITR if there is any options as such then you can go for it
@shubhamabad9799
@shubhamabad9799 2 жыл бұрын
Hello mam, If i have claimed lta only once in 2018 - 2021 span...and i want to claim that 1 lta in 2022-2025 and i will be having 2 lta travellings in current 4 years span also...then this 3 lta will be exempt in this 4 years span or 1 will be taxable ?
@CareerChrome
@CareerChrome 2 жыл бұрын
No I guess
@kedara6865
@kedara6865 Жыл бұрын
If I travel from own Car and filling the petrol then these petrol receipt can be presented as a proof.
@CareerChrome
@CareerChrome Жыл бұрын
I think only car, train and bus lta can be claimed
@SamirHanifbhai
@SamirHanifbhai 4 ай бұрын
If i am not fall under the Income tax Salab so can i get this allowance in my salary. Please answer this question mam🙂
@CareerChrome
@CareerChrome 4 ай бұрын
You will get the income tax slab
@keshavchaturvedi9794
@keshavchaturvedi9794 2 жыл бұрын
Hi Ma'am I have travel invoice but it is mandatory to travel in leave period, means I travel in week end or when office closer shall I eligible for deduction. I didn't take any leave from HR, I travel between Saturday n Sunday shall I eligible to claim deduction.
@CareerChrome
@CareerChrome 2 жыл бұрын
Yes
@RAVIRANJAN-xh3bk
@RAVIRANJAN-xh3bk 2 жыл бұрын
Round trip to any vacation destination will be counted as single journey or two?
@CareerChrome
@CareerChrome 2 жыл бұрын
Reach out to me in instagram
@Maha-cl3iq
@Maha-cl3iq Жыл бұрын
In a journey if only my dependents travelled but I didn't, then in that case can I claim LTA for that journey?
@CareerChrome
@CareerChrome Жыл бұрын
No you must be there
@sumanadas2641
@sumanadas2641 Жыл бұрын
Hello maam In the current block 2022-2025, i have changed my company. In first company i was getting LTA of 5000 and in my second company i am getting LTA of 10000. How would i calculate my LTA in this case
@devam6189
@devam6189 2 ай бұрын
5k 10k LTA per month or year
@mandeeptak
@mandeeptak Жыл бұрын
I got 1 lakh plus LTA. When I asked to HR that will i get that money. She told me that all the LTA money you will get. Is LTA fixed mount in some companies?
@CareerChrome
@CareerChrome Жыл бұрын
Yes
@harshithgowda1819
@harshithgowda1819 Жыл бұрын
In my CTC flexi benefit plan is 1lakh per annum which includes LTA,Food coupon, Superannuation and NPS. If I do not use all these components 1lakh of flexi benefit plan will include in my gross salary? Please reply as I am going to join a new organisation soon.
@CareerChrome
@CareerChrome Жыл бұрын
Flexi benefits they will show separately to save your tax
@swatiselesh8126
@swatiselesh8126 7 ай бұрын
Hi can I claim twice in 2024 ? I had 2022 and 2023 balance which I claimed in jan 2024 now when I get 2024’s balance again can I claim again in 2024 for current year?
@CareerChrome
@CareerChrome 7 ай бұрын
In a block of 4 years you can claim only twice
@lokeshraajsarkunam2788
@lokeshraajsarkunam2788 2 жыл бұрын
Pls make a video on uniform making allowance, uniform washing allowance, academic research allowance comes under which section of income tax act
@CareerChrome
@CareerChrome 2 жыл бұрын
Sure will see thanks 👍
@Charlie___138
@Charlie___138 Жыл бұрын
Can we claim LTA each year?
@CareerChrome
@CareerChrome Жыл бұрын
In 4 years twice you can claim
@saurabh8277
@saurabh8277 5 ай бұрын
What if my family travelled but not me, can I claim it for my family ?
@CareerChrome
@CareerChrome 4 ай бұрын
No you cant
@umaranibhattu8025
@umaranibhattu8025 2 жыл бұрын
Hi, do we have eye insurance in Accenture. If yes, is there any limitations or 100% will be reimbursed?
@CareerChrome
@CareerChrome 2 жыл бұрын
Not sure on that
@devabhathiniharshitha4922
@devabhathiniharshitha4922 Жыл бұрын
Hi Mam I traveled from Hyd to mysore in orange travels,can i claim this? And they are asking for bill number? What is bill number? I am having ticket which is booked in abhi bus..
@CareerChrome
@CareerChrome Жыл бұрын
You will get the number in your ticket
@sanskarsahu7506
@sanskarsahu7506 Жыл бұрын
In my CTC 20k LTA component is included, will I get this amount in my monthly sallar? Or I have to submit bills to my company to get reimburse of this amount? Please help!
@CareerChrome
@CareerChrome Жыл бұрын
That you have to check with your recruiter because for some it will credit on monthly basis and for some yearly
@knightvampire1263
@knightvampire1263 2 жыл бұрын
Hello I have doubts like If I have taken LTA for travel then the monthly LTA paid in salary still be paid in future?
@CareerChrome
@CareerChrome 2 жыл бұрын
If it paid monthly then no other pay
@AbhishekGupta-1807
@AbhishekGupta-1807 2 жыл бұрын
Mam i have to go Mysore and my company has said to raise request before travelling so ...how can we attach bills
@CareerChrome
@CareerChrome 2 жыл бұрын
Check out internally
@JoshuaConstantine
@JoshuaConstantine 9 ай бұрын
Hi, Really informative video. I have one doubt. My every months's salary slip says I get LTA of Rs 4100, so my questions are: 1) Does it mean I get LTA of Rs 4100 a month i.e 4100*12 or Rs 4100 is for a year? 2) Let's say, for example I get Rs 4100 for a year, now and I didn't claim in 1st year of the block, also I didn't claim in 2nd year of block but in third year I decided to claim, so how much tax exemption I can claim? only Rs 4100 or, Rs 4100 of 1st year, Rs 4100 of 2nd year and Rs 4100 3rd year i.e upto Rs 4100*3 ?? Thanks and Regards
@CareerChrome
@CareerChrome 9 ай бұрын
You need to check your offer stack usually it will be every month but one thing is you can opt that as per your need
@JoshuaConstantine
@JoshuaConstantine 9 ай бұрын
@@CareerChrome Thanks for reply. I will check on that, what's the answer for 2nd Question?
@jaskirankaur4334
@jaskirankaur4334 2 жыл бұрын
Mam can i claim ltc amount of ltc special cash package which was added to my salary in may 2021 in this year itr(i.e. f.y. april 2021 to march 2022 and a.y. 2022-2023) pl reply
@CareerChrome
@CareerChrome 2 жыл бұрын
See you can claim twice in these (2022-2025) 4 years any time
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