Friday, March 28, 2025

Unused LTA utilisation: Take a holiday and travel in India before March 31, 2025, to save income tax; know how to make this plan work

Leave Travel Allowance (LTA): Eligible employees who have an holiday on March 31, 2025 on account of Eid al-Fitr can make use of their unused LTA to plan a family short vacation and while at it save income tax under the old tax regime. For the present Block the last date to take LTA is Dec 31, 2025. Read below to know how to make this plan work.

from Tax-Wealth-Economic Times https://ift.tt/aj8lmAO

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