Leave Travel Allowance (LTA) – Definition, Benefits, & Eligibility

“Leave Travel Allowance (LTA) – Definition, Benefits, & Eligibility” – provides a comprehensive overview of LTA, clarifying its meaning and purpose within employee compensation. The piece outlines the numerous benefits, including tax advantages and encouragement of work-life balance, while also detailing eligibility criteria for claiming LTA. By understanding these key aspects, employees can better navigate their entitlements and make informed decisions about utilizing their travel allowances effectively.