Test

Front

Full form of LTA

Back

Leave travel allowance

Front

What does LTA help with?

Back

It helps employees cover travel expenses when they go on leave.

Front

Is LTA a mandatory benefit?

Back

No, it is not mandatory but is often provided by employers.

Front

Can LTA be claimed for family travel?

Back

Yes, LTA can be claimed for travel expenses of family members.

Front

What is the tax implication of LTA?

Back

LTA is tax-exempt under certain conditions as per income tax laws.

Front

How often can LTA be claimed?

Back

Typically, LTA can be claimed once in a block of two years.

Front

What is the purpose of LTA?

Back

To encourage employees to take vacations and spend time with family.

Front

Can LTA be claimed for international travel?

Back

No, LTA is usually applicable only for domestic travel.

Front

What documents are needed to claim LTA?

Back

Travel tickets, boarding passes, and a declaration form.

Front

Is LTA applicable to all employees?

Back

LTA is generally applicable to salaried employees.