Wed, Oct 12, 2022
The employees have also been warned that any misuse of LTC will be taken seriously and appropriate action will be taken under the Employees Rules. It is worth noting that in the year 2020 also, the central government had extended the period of this facility for two years.
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Wed, Dec 29, 2021
Hospitality industry body FHRAI has urged the finance ministry to review the decision to introduce leave travel concession (LTC) cash voucher in place of LTC fare to central government employees in the forthcoming Budget.
Thu, Mar 25, 2021
The central government employees have a chance to take advantage of two government schemes that allows them to get an interest free festival advance of Rs 10,000 and claim Leave Travel Concession (LTC) Cash Voucher Scheme.
Sun, Mar 21, 2021
LTC: Check how to avail tax benefits.
Mon, Feb 08, 2021
Salaried class including central government employees need not pay income tax on the amount received against LTC (Leave Travel Concession). The finance minister Nirmala Sitharaman made the announcement in this regard in the Budget 2021. The center had given this income tax exemption to the central government employees on 12th October 2020 (FY 2020-21) in the wake of COVID-19 pandemic. Since the Chinese virus is still around, the center has extended this income tax relief for all salaried taxpayers for the four year cycle of 2018-21.
Thu, Oct 29, 2020
Income Tax Exemption for payment of deemed LTC fare for non-Central Government employees.
Wed, Oct 14, 2020
Ministry of Finance has issued a statement on misinterpretation of Leave Travel Concession (LTC) stimulus and its benefits.
Thu, Jun 27, 2019
Leave Travel Concession (LTC) is granted to employees by employers for covering travel expenses when the former go on leave from work.
Thu, Mar 29, 2018
The Ministry of Personnel said that Railways employees, however, shall continue to be governed by the Railway Servants (Pass) Rules and availing of the "All India LTC" under the CCS (LTC) Rules by them will be facilitated through a special order under the relevant provision of the said Pass Rules.
Mon, Feb 13, 2017
Central government employees found misusing Leave Travel Concession (LTC) will face disciplinary action, the Department of Personnel and Training (DoPT) has warned. A government employee gets reimbursement of tickets for to-and-fro journey, in addition to leaves, when he avails LTC.
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