WebbLeave Travel Allowance (LTA) Employers pay this benefit for you and your family’s domestic travel expenses during a holiday. The allowance only covers railway ticket prices and airfares. Section 10 (5) of the Income Tax Act, 1961 offers tax exemption on the LTA amount for up to two holidays in a four-calendar-year block. Webbattorney (LPA) An LPA is a legal document that lets you (the ‘donor’) choose trusted people (‘attorneys’) to make financial decisions or health and care decisions on your behalf. An LPA is mainly used if you don’t have the mental capacity to understand and make . decisions yourself. You need mental capacity to make an LPA.
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