Modi government's BIG GIFT to central employees ahead of Diwali, LTC facility extended by 2 years for THESE AREAS
The Personnel Ministry has issued an order stating that the LTC scheme has been extended for a period of two years from September 26, 2022 to September 25, 2024.
Oct 12, 2022, 10:41 AM IST
7th Pay Commission latest update: No need to pay Income Tax for availing THIS facility
It is also proposed to clarify that where an individual claims and is allowed exemption under the second proviso in connection with prescribed expenditure, no exemption shall be allowed under this clause in respect of same prescribed expenditure to any other individual.
Feb 05, 2021, 15:07 PM IST
7th Pay Commission latest update: Big changes likely in Salary, DA, PF, Gratuity, travel allowance; know details here
According to fresh media reports, the government has decided to increased dearness allowance by 4 percent, thus meaning, the dearness allowance of central employees will increase from 17 percent to 21 percent. Although the benefit of the allowance will start coming from January, there has been no official announcement regarding this.
Jan 28, 2021, 12:53 PM IST
7th Pay Commission latest update: Big relief for central government employees! Modi Govt announces major relaxations on LTC allowance
Ministry of Personnel, Public Grievances and Pensions Department of Personnel and Training has announced that during the months of March– May, 2020, a nation-wide lockdown was implemented across the country in view of the prevailing Covid-19 epidemic.
The ministry has also observed that many airlines have not refunded the ticket amount for the air tickets booked in advance for the LTC journey scheduled during the Iockdown period.
Jan 27, 2021, 18:13 PM IST
LTC income tax exemption for private employees: Here's how to understand the tax calculation
The employee exercises an option for the deemed LTC fare in lieu of the applicable LTC in the Block year 2018-21.
Nov 16, 2020, 18:00 PM IST
Can you avail LTC cash voucher benefits if purchase made in family’s name? Here’s all you should know
To avail LTC voucher scheme benefits, employees are allowed to submit multiple bills to avail benefits.
Nov 13, 2020, 12:28 PM IST
Ministry of Finance clarifies on misinterpretation of LTC stimulus and its benefits
The Centre said that the assumption in the report that employees would otherwise not pay GST when they purchase something from their money and are only incurring it because of the scheme is surprising.
Oct 13, 2020, 23:43 PM IST
Government employees can soon go abroad on LTC, 5 Asian countries named in list
The plan, which has been mooted by the Ministry of External Affairs (MEA), proposes to include five central Asian countries -- Kazakhstan, Turkmenistan, Uzbekistan, Kyrgyzstan and Tajikistan -- under the LTC scheme.
Jul 29, 2018, 12:15 PM IST
Now, for the first time, leave travel concession for railway employees
The railway employees on deputation to any other organisation, including railway PSUs, would also continue to be eligible for optional LTC in lieu of Privilege Pass entitlement.
Mar 29, 2018, 15:33 PM IST
Dynamic fares in Rajdhani, Shatabdi acceptable under LTC
Dynamic or flexi-fare in Rajdhani and Shatabdi trains will be admissible under the Leave Travel Concession (LTC) allowance.
Apr 18, 2017, 12:36 PM IST
Book LTC tickets on lowest fare or face action: Govt to staff
Employees who fail to buy air tickets at the lowest price available on the day while undertaking journey on Leave Travel Concession (LTC) claim will face severe penal action, as per the draft guidelines finalised by the Centre.
Jul 18, 2016, 15:03 PM IST
Govt employees can now take advance money ahead of 4 months of LTC
Relaxing norms, the Centre on Friday allowed its lakhs of employees to take advance money four months ahead of commencing journey under Leave Travel Concession (LTC) rules.
May 13, 2016, 18:05 PM IST
Great news for govt employees! Now get LTC reimbursement of rail fare for children
Summer vacations are going to be even more cheerful following government decision to relax Leave Travel Concession (LTC) rules.
May 05, 2016, 16:31 PM IST
Good news! Now non-entitled employees can claim LTC on air travel
All non-entitled central government employees have been allowed to travel by air while availing Leave Travel Concession (LTC) with a condition that reimbursement in such cases shall be restricted to the fare of their entitled class of train or actual expense.
Mar 08, 2016, 16:40 PM IST
