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of <h1>Understanding Leave Travel Allowance: Travel Cost Exemptions, Family Eligibility, and Tax Implications for 2022-25 Block</h1> Leave Travel Allowance (LTA) is a benefit provided by employers for employee travel within India during leave. The exemption applies only to actual travel costs, not total holiday expenses, and covers travel for the employee and family, defined as spouse, children, and dependent parents or siblings. Exemptions are limited to two journeys in a four-year block, with the current block being 2022-25. Restrictions apply to families with more than two children born after October 1998. Unused LTA can be carried over to the next block. Travel cost exemptions depend on the mode of travel, with specific rules for air, rail, and other transport. If LTA is encashed without travel, it is fully taxable.
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