Wednesday, June 22, 2011

Crazy Cabmate - True Story #5

Longest Train Adventure

Leave Travel Allowance (LTA) is among the standard perks that most Indian employees get from their employers.

The abbreviation stands for Leave Travel Allowance. What it means is that IF you travel on leave, it entitles you to a claim of the Flight/ Train/ Bus Ticket expense(s).

If you don't claim this money with original bills at the end of the financial year, the employer deducts tax from your LTA eligibility. This usually means you lose 30% of the amount.

Now, the truth is that most Indian employees don't really take much leave. So they fake bills.

But my cabmate's even better.

Six of us from the office are at lunch and the topic of "Where are you heading for your vacation?" comes up.

Teammate: "Kerala"

Cabmate: "How far is that from Mumbai?"

Teammate: "24 hours Train Journey"

Cabmate: "Oh? That's all?"

Teammate: "Eh?"

Cabmate: "You know, last year, I was searching for the longest train journey in the country...."

Now this is intriguing because we've never really imagined my cabmate to be a traveller. And we are all ears.

Cabmate: "So, friends, basically, I book tickets on the longest train journey in the country. Once I have a printed copy of the ticket in my hand, I just cancel the tickets online :)"

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