Income tax exemption on leave travel allowance (LTA) is given only to the salaried class on actual domestic travel expenses made by an employee during his or her leave within India. Here's how to do your LTA calculation for 2018-19
1 min read7 Jan 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared