Traveling Allowance Explained: Meaning, Benefits & Taxes

Traveling allowance is a financial benefit provided by employers to cover the travel expenses incurred by employees during official work trips. It includes costs like transportation, lodging, and meals. This guide explains what Traveling allowance is, how it works, who is eligible, its benefits, and how it is treated under tax laws. Whether you're an employee or employer, understanding traveling allowance can help manage business travel costs more effectively and stay tax-compliant.

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