Ashok_sundar Started The Discussion:
Hai user, Dear all please anyone tell about Leave travel Assistance...... Regards, Ashok
13th March 2013 From India, Chennai

ôLTA is an allowance or amount you get from your employer to travel. You get it when you are on leave from work and actually travel. LTA is exempt from tax under certain conditions. As the name suggests, it covers only travel expenses and not other expenses such as boarding and food.
13th March 2013 From India, Kota
Dear Ahkhil,
Please help me out for making a format for office asstinant,
As they go for a out duty but they didnt sign anywherw ,so at the time of attendance we dont have the records.
pls give me the format.
Anup Bhosle
13th March 2013 From India, Mumbai
Dear Anup, Please find attach format of Outdoor Muster. It will serve your purpose. Regards, Laxmi Doddamani
14th March 2013 From India, Mumbai
Attached Files
File Type: xls Format of OD Muster.xls (23.5 KB, 1079 views)
Dear All;

Many years ago, in my company an officer did some excellent work and solved the much troublesome problem. Management was happy and wanted to reward that officer. Managing Director asked that officer what he would like as his reward? The officer replied that he would like a trip to Hawaii. Managing Director said, go ahead, enjoy and come back fresh. This is LTA.

When it comes for all employees there are rules as to amount, duration, frequency etc. One more aspect is it does not attract income tax in certain cases. One other aspect is that the remuneration is divided in two parts, direct and indirect. Indirect did not attract ESI, PF, Bonus and Gratuity. LTA is indirect. Where to increase the rise in remuneration? In some cases to accomodate increase in remuneration Honeymoon allowance was introduced.

In India the unions have failed in securing benefits for working class. They went on accepting allowances for benefits. Result is working class is without homes but they have house rent allowance, they are not educated but they have education allowance, they do not travel and become wise but they have LTA,

Vibhakar Ramtirthkar.
15th March 2013 From India, Pune
Dear Mr. Ashok,
Please refer the following link to your better understanding -
http://www.citehr.com/435368-lta-sal...ml#post1971564
15th March 2013 From India, Visakhapatnam
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