lta Archives - H&R Block| Blog
May 16, 2017

Document Checklist for Salaried Personnel Filing Taxes!

Tax filing is an intimidating task for many tax filers due to lack of clarity in the documentation involved. One of the most common questions troubling a salaried tax filer is to find out the documents needed to file Income Tax Return. If you are […]
October 25, 2016
Income Tax Benefits

How to Earn Rs 10 Lakh and Yet Not Pay Tax?

The current taxation structure in India has carved out three tax brackets – Rs 2.5-5 lakh, Rs 5-10 lakh and Rs 10 lakh and above that attract tax of 10%, 20% and 30% respectively. Now, those earning less than Rs 2.5 lakh (Rs 3 lakh […]
April 28, 2016
Leave Travel Allowance

Leave Travel Allowance (LTA)

Leave Travel Allowance (LTA) is the most common element of compensation adopted by employers to remunerate employees due to the tax benefits attached to it.  LTA is the remuneration paid by an employer for employee’s travel in the country, when he is on leave with […]
October 6, 2015

H&R Block – Tax Saving Tips for Salaried Individuals

  Salaried class of Tax Payers are the most worried class among all other classes of taxpayers. The reason for worrying are countless, most notable aspect is the salary growth rate per annum. People complain that the growth rate is not proportionate to the inflation […]
October 13, 2014

LTA or Leave Travel Allowance- Tax Exemption Under Section 10(5)

With several long weekends slated ahead during the year, have you been planning a vacation? Since we have entered a fresh block this year to claim the leave travel allowances, special focus should be given to your travel plan to make the most of both […]