Government has announced the LTC Cash Voucher Scheme for the central government employees which was later extended to the private sector em...

For the salaried class, the year 2020 was marred with job loss, pay cuts, higher inflation and so on. That is why many are hoping for annou...

While various economic packages and reforms announced by the government in 2020 have no doubt kept the economy afloat, Budget 2021 is also ...

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...

Although it has been almost a month since the scheme was announced many private sector companies have still not rolled out the scheme for t...

However, payment of premium for existing insurance policies would not be covered under the LTC cash voucher scheme. "Payment of premium for...

As 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...

The government is keen to ensure that private-sector employees are also nudged to take advantage of the scheme that seeks to prop up consum...

Nifty futures on the Singapore Exchange traded 30.50 points, or 0.25 per cent higher at 11,992.50, in signs that Dalal Street was headed fo...

The ministry said analysts raising doubts over the scheme were basing their arguments on the erroneous assumption that leave travel money c...

Sitharaman on Monday announced a special scheme allowing encashment of leave travel concessions/allowance (LTC/LTA) and a special festival ...

Unmarried central government employees can now avail benefits of Leave Travel Concession (LTC) for visiting any part of the country, as per...