LTA exemption in new tax regime: Can you claim leave travel allowance exemption in new tax regime or is it taxable?

LTA exemption in new tax regime: Many salaried employees have a leave travel allowance as part of their CTC. However, due to tax regimes (old and new), many are not aware of whether they can avail themselves of the LTA exemption in the new tax regime. Read on to know if the LTA exemption is available in the new tax regime, or is it taxable?

from Tax-Wealth-Economic Times https://ift.tt/Ab1RBgI