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Install the Zeta app on your smartphone from app store. To download and configure Zeta app, see Setting up an Employee Account.
Useful Facts
Zeta recommends you to furnish KYC information using the Zeta app to upgrade your card limit and to avoid rejection of any amount beyond the KYC limit as set by RBI while using the Optima asset card services.
Per IT act, you can avail full income tax benefit on the purchase of electronic gadgets such as laptops and computers. Any other movable gadget claims in a fiscal year would be treated as a taxable perquisite @10% of original cost of the asset..
If you don't claim all or one of your LTA claims in current block year, you are eligible to carry forward 1 LTA claim in the next block year. In this case, as per IT rule ensure to claim at least 1 travel reimbursement in the 1st year of the next block year to avail the tax exemption.
You can pay for your asset buy using the Zeta app or Zeta super card.
You must upload supporting billing evidences and invoices against asset purchase claims in the Zeta App interface to avail tax benefits as per company and IT guidelines.
- According to the Income Tax Act, purchase of gadgets like laptops and computers for use are completely tax free. For the purchase of any other gadgets like smartphones or tablets, employees will be taxed 10% of the gadget’s value.
Before You Begin
Ensure the following:
You’ve received an Optima LTA card from your HR. Note that your email ID must be verified to receive the LTA credits if vouchers are issued on your email ID.
You’ve appropriate balance in your LTA card or cash card to initiate payment through Zeta platform and to avoid transaction declined error.
How LTA Card Flow Works?
The Zeta LTA card provides a simple workflow to claim your non-taxable travel reimbursements. All you need to do is:
Receive a Zeta LTA card from your HR.
Pay your travel expenses to merchants using the Zeta app or Zeta Super Card
Using the Zeta app, upload the valid and legible travel documents for approval.
That’s all. Your claim would be processed in one business day post successful verification.
For a quick walkthrough, navigate to Cards > LTA Card, tap the LTA Card and then click User Guide. This opens up a quick reference guide explaining the LTA reimbursement flows.
Using the Zeta LTA Interface
The Optima digital LTA card provides an intuitive interface that simplifies age-old manual and complex LTA claim system into a convenient and smart solution, thus allowing employees to submit travel expenses electronically. That said, using the Zeta app you can update the travel and dependent details, upload the travel documents and invoices for approval, analyze the approved, declined or in review claims and so on. The important thing to remember is you (as a user or an employee) only upload the travel evidences using the Zeta app, thus eliminate the need of manually itemize the travel tickets and invoices for future upload in the HR portal.
Do safeguard your travel documents for future auditing. Get more details from your company HR department.
Under the Cards tab, your active LTA card would appear as shown below:
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Using the Optima LTA interface, you can perform the following tasks.
Pay the travel expenses
Upload the LTA claims
Manage the LTA claims
View the LTA statement
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