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LTC CASH VOUCHER
Deadline to submit bills/claims under LTC Special Cash Package for central govt employees extendedThe LTC Cash Voucher scheme was announced by the Finance Minister Nirmala Sitharaman in October 2020 to boost consumer demand and to provid...15 May, 2021, 10.26 AM IST- LTC Cash Voucher Scheme: 42 queries answered by governmentThe government has announced the LTC Cash Voucher Scheme in lieu of LTC travel scheme via a press conference dated October 12, 2020. As the...15 Mar, 2021, 09.53 AM IST
- How private sector employees can avail tax benefit in LTC Cash Voucher SchemeGovernment has announced the LTC Cash Voucher Scheme for the central government employees which was later extended to the private sector em...19 Feb, 2021, 11.24 AM IST
- Prepay these common services to avail LTC Cash Voucher Scheme benefitServices that attract more than 12 per cent Goods and Services Tax (GST) include TV DTH recharge (TATA Sky, Airtel Digital TV etc.), Intern...12 Feb, 2021, 01.07 PM IST
- LTC Cash Voucher Scheme notified in Budget 2021The benefit of the LTC Cash Voucher scheme is available in the old tax regime. If an individual opts for the new tax regime, then tax benef...11 Feb, 2021, 05.12 PM IST
- How central government employees can avail benefit under LTC cash voucher schemeHere is a look at the details of how central government employees can avail the LTC cash voucher scheme as per an office memorandum issued ...11 Feb, 2021, 04.43 PM IST
- Should you opt for the LTC cash voucher scheme? Here's how much tax you will saveHere is a look at how much you stand to gain by opting for the LTC cash voucher. This story will tell you about the rules of availing the L...11 Feb, 2021, 04.24 PM IST
- Renewal insurance premium excluded from LTC cash scheme: Does this apply to motor, health covers?The FAQs No 3 issued by the Finance Ministry on LTC Cash Voucher Scheme does not clarify whether payment of insurance premium refers to all...29 Nov, 2020, 10.58 AM IST
- Delay in LTC Cash Voucher Scheme notification may make it difficult to claim full benefitAlthough it has been almost a month since the scheme was announced many private sector companies have still not rolled out the scheme for t...28 Nov, 2020, 10.27 AM IST
- Insurance premium paid between Oct 12-Mar 31 period eligible for reimbursement under LTC schemeHowever, payment of premium for existing insurance policies would not be covered under the LTC cash voucher scheme. "Payment of premium for...26 Nov, 2020, 05.15 PM IST
- Employees can buy goods in family member's name under LTC scheme: Finance MinistryGovernment on October 12 announced the LTC cash voucher scheme under which employees can purchase any goods or services with a GST rate of ...11 Nov, 2020, 11.38 AM IST
- No additional compliance burden on private companies for LTC scheme: Finance SecretaryUnder the new scheme, employees will have to submit to their companies bills indicating expenditure of an amount 3-times of the LTC. The co...03 Nov, 2020, 05.43 PM IST
- Delhi government employees need to purchase only from city-registered dealers to avail LTC scheme benefitsDelhi government employees welfare association general secretary Umesh Batra welcomed the decision, saying it will stimulate consumer deman...30 Oct, 2020, 05.56 PM IST
- Govt employees can submit multiple bills to avail LTC cash voucher scheme benefitThe Expenditure Department, under the Ministry, has issued a set of FAQs (Frequently Asked Questions) on LTC cash voucher scheme, clarifyin...25 Oct, 2020, 01.25 PM IST
- Maruti Suzuki unveils special offers for govt employees with benefits up to Rs 11,000The company is seeking to further boost demand with its offer after the recent leave travel concession (LTC) cash voucher scheme announced ...18 Oct, 2020, 02.58 PM IST
- New tax regime doesn't allow LTC cash voucher tax benefit: ExpertsAs per existing income tax law, an employee can claim tax-exempt payment of LTA/LTC (if provided by employer) equal to the fare of domestic...17 Oct, 2020, 10.04 AM IST
- FM offers LTC cash voucher, festival advance to govt staff to boost consumptionSitharaman said that the LTC funds could be used to spend on goods and items in 12 per cent GST category i.e. the government would give cas...12 Oct, 2020, 04.06 PM IST
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