LTA Exemption Calculator (Free, India)
Work out your Leave Travel Allowance exemption under Section 10(5) from the LTA received and your eligible travel expense, and see the taxable balance. Old regime only.
FAQs
How is LTA exemption calculated?
The exemption is the lower of the LTA received and the actual eligible travel fare; the balance is taxable.
Is LTA available in the new tax regime?
No. LTA exemption under Section 10(5) is available only in the old tax regime.