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LTC SCHEME FAQ
How to file ITR online: A step-by-step guideHow to file ITR: The deadline for filing your income tax return (ITR) for the financial year 2023-24 is July 31, 2024. Many individuals wil...- India Inc can now claim deduction for Covid supportOn Friday, the government exempted recipients from taxation for financial help received from employers or others to meet Covid-19 treatment...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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 ...
- 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...
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