LTA tax exemption

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1 Points Posted on 14 March 2021
Recently govt announced scheme for alternate of LTA componant to save tax as due to lockdown people were not able to travel and claim LTA exemption.
This is basis the purchases of goods/ services charged @ 12% or more GST.
Looking for some specifics on same.
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On 14 March 2021 at 01:17 Report
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Quick Summary
The government has introduced a new scheme as an alternative to the Leave Travel Allowance (LTA) component, allowing individuals to save tax. This is particularly relevant for those who couldn't travel and claim LTA due to recent lockdowns. The exemption is based on purchases of goods or services charged at 12% GST or higher.

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28252 Points Posted on 14 March 2021
GOVT. ANNOUNCEMENT IS SEPERATE AND YOUR REQUIREMENT IS DIFFERENT.
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On 14 March 2021 at 06:48
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17269 Points Posted on 14 March 2021
What exactly your query is ? please be specific and clear cut.
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On 14 March 2021 at 09:44

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