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.
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Sun, Apr 04, 2021
The Financial Year 2021-22 is here. A number of financial rules have already been changed.
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.
Sat, Mar 13, 2021
There are number of rules affecting common man are all set to change from April 1. These changes will affect the people in many ways—right from your salary structure, EPF contribution, LTC vouchers, grtuity to ITR filing — most of these rules will change starting April 1.
Sat, Mar 06, 2021
7th Pay Commission latest news update: If you are planning to go on holiday on your LTC amount, there is an alert from the Personnel department for government employees.
Sat, Feb 06, 2021
Income Tax new rules: Finance Minister Nirmala Sithraman presented her third Union Budget on February 1, 2021. She made several announcements that can have impact on how we file our Income Tax return from April 1.
Thu, Jan 28, 2021
In a major relief for the central government employees, the Narendra Modi government has announced relaxation in regard of the reimbursement of cancellation charges of air and train tickets booked during Covid 19 lockdown.
Wed, Jan 27, 2021
7th Pay Commission allowance: Major relief has been announced for the central government employees who had booked air tickets during the lockdown and had to cancel the same.
Sun, Nov 29, 2020
It's an important development pertaining to the eligibility of reimbursements under LTC cash voucher scheme.
Thu, Oct 29, 2020
Income Tax Exemption for payment of deemed LTC fare for non-Central Government employees.
Sun, Oct 25, 2020
The government on October 12 announced the LTC cash voucher scheme under which central government employees can purchase any goods or services with GST rate of 12 per cent or above to avail the benefit.
Wed, Oct 14, 2020
Ministry of Finance has issued a statement on misinterpretation of Leave Travel Concession (LTC) stimulus and its benefits.
Mon, Oct 12, 2020
New LTC cash voucher scheme: The Finance Minister Nirmala Sitharaman on Monday made several announcements to boost the Indian economy. The government also announced giving out cash vouchers to central government employees this year in lieu of leave travel concession (LTC) fare which could be spent only on buying non-food GST-rated items.
Finance Minister Nirmala Sitharaman on Monday morning launched a new LTC cash voucher scheme with an aim to boost consumer spending across categories. The FM also announced Special Festival Advance Scheme while announcing new relief measures on the economic front.
Mon, Aug 12, 2019
Big benefits await government employees, including police personnel, of the newly created Union Territories of Jammu & Kashmir and Ladakh.
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.
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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