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LTC FARE
Review introduction of LTC cash voucher for govt employees in Budget: FHRAI to Finance MinisterIn a letter to Finance Minister Nirmala Sitharaman, FHRAI Vice President Gurbaxish Singh Kohli urged to "review the decision to introduce L...29 Dec, 2021, 03.51 PM IST- 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
- 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
- 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
- No LTC cash scheme under new income tax regimeThe guidelines allow extension of the facility to public sector, private sector and state government employees, provided they spend three t...30 Oct, 2020, 10.32 AM 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
- Delhi government employees can opt for cash equivalent of Leave Travel ConcessionThe Finance department under Deputy Chief Minister Manish Sisodia has decided to give a mega festive package to Delhi government employees ...22 Oct, 2020, 08.21 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
- Govt launches tax-exempt LTC cash voucher scheme to boost consumer spendingThis is a one-time scheme and payment will be only in lieu of one LTC during the block of four years 2018-21. This should help people to so...13 Oct, 2020, 03.36 PM IST
- Government to give cash vouchers to staff in lieu of LTC this year: Finance MinisterFinance Minister Nirmala Sitharaman said the employees could buy items that attract 12 per cent or more goods and services tax (GST). These...13 Oct, 2020, 06.58 AM IST
- Central govt employees will no longer get daily allowance on Leave Travel ConcessionThe LTC allows the grant of leave and ticket reimbursement to employees who are entitled under the rules to travel to their home towns and ...21 Sep, 2017, 03.41 PM IST
- Dynamic fares in Rajdhani, Shatabdi acceptable under LTC: GovtThe move comes after references were received from various segments seeking clarification on the issue of admissibility of flexi-fare while...18 Apr, 2017, 02.28 PM IST
- Government employees can now take advance money ahead of 4 months of LTCRelaxing norms, the Centre has allowed its lakhs of employees to take advance money four months ahead of commencing journey under LTC rules.14 May, 2016, 04.37 PM IST
- LTC norms eased; employees to get reimbursement of rail fare for childrenMinistry of Railways had decided that in case of children above 5 and under 12, for whom full berth/seat is sought at the time of reservati...05 May, 2016, 05.04 PM IST
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