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CURRENT LTC RULES
8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revision- Stock picks of the week: 5 stocks with consistent score improvement and return potential of more than 45% in 1 year
- Unused LTA utilisation: Take a holiday and travel in India before March 31, 2025, to save income tax; know how to make this plan work
- Central govt employees, private employees can't claim LTA if they don't follow these rules; LTA eligibility, other latest updatesLTA for central govt employees: Employers offer Leave Travel Allowance (LTA) to offset travel expenses during leave. It covers airfare, tra...16 Aug, 2024, 02.24 PM IST
- Pushing the envelope: Financial ratios like CD ratio and many others need to be looked at in contextThe narrative about the high CD ratio of private banks has been on the street for some time. But the fact is financial ratios are derivativ...14 Apr, 2024, 03.29 PM IST
- LTC Rule Changed: Central Govt employees must know these new instructions to claim LTC7th Pay Commission rules for Central Govt employees: In an Office Memorandum dated October 20, 2023, DoPT has modified instructions for boo...26 Oct, 2023, 08.07 PM IST
- LTC rules: 3 new changes that Central Govt employees must knowLTC new rules for Central Govt employees: In an Office Memorandum released earlier this month, the DoPT has mentioned how certain charges r...18 Aug, 2023, 01.25 PM 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
- 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
- 5 expectations of individuals from Budget 2021 todayFor 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...01 Feb, 2021, 08.30 AM IST
- SGX Nifty down 15 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 16.5 points, or 0.14 per cent, lower at 11,648.50, in signs that Dalal Street was headed for...30 Oct, 2020, 08.15 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
- SGX Nifty up 30 points; here's what changed for market while you were sleepingNifty 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...15 Oct, 2020, 07.54 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
- What Nirmala Sitharaman's consumption boost of Rs 1 lakh crore looks likeCentral government employees that have not been able to avail leave travel concession (LTC) – air or rail fare as per scale and tax exempt ...12 Oct, 2020, 04.46 PM IST
- Budget 2016: 6 ways to pay less tax, legallyHRA gives you a bigger break than a company flat? This is designed to help you understand the key tax proposals of the Budget and minimize ...01 Mar, 2016, 12.34 PM IST
- How to make the most of your Leave Travel AllowanceHolidays can mean heavy expenses. However, if you are a salaried individual, you can use the same vacation to save a decent amount on tax o...04 May, 2015, 11.13 AM IST
- Budget 2015: How tax benefits can boost your take-home payIf your employer does not give you HRA, deduction for rent paid by you is available from gross taxable income, subject to various limits.01 Mar, 2015, 02.59 PM IST
- Employers refuse to put contract workers on par with regular staffEmployers are opposing extention of the Contract Labour Act to cos with less than 20 employees. At present, the law applies only to organis...25 Nov, 2010, 06.05 AM IST
- New tax code skewed in favor of higher income groupsAs the threshold is not raised from Rs 1,60,000, the benefit resulting from widening of the slabs is skewed in favor of higher income group...28 Aug, 2009, 03.05 PM IST
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