The scheme aims to boost the economy of the country by leave travel concession tax-free benefit for various types of purchases subject to certain conditions to the workers of the central government as the scheme is a central government scheme. 12(2)/2020-E.II(A) Government of India Ministry of Finance Department of Expenditure. 12(2)/2020-E.II(A) File Date 10.11.2020. 4 February 17, 2021; LTC Cash Voucher Scheme for Defence Armed Forces Personnel December 2, 2020; LTC Cash Voucher Calculation Formula December 1, 2020; FAQ No 3 on LTC Voucher Calculation 2020 November 30, 2020; FAQ No 2 on Special LTC Cash Package Scheme for CG Employees … LTC Cash Voucher Scheme – Guidelines for 2020-21. Finance Minister Nirmala Sitharaman launched the Scheme that will help in creating demands. 12.10.2020 and should have an invoice. Topics. LTC Cash Voucher Scheme 2021: Online Application Form PDF Download – The government has decided to give an interest-free advance of Rs 10,000 to all its officers and employees on festive occasions. Special cash package equivalent of LTC Fare for Central Government Employees during the Block 2018-21: Finmin FAQ-2. LTC Cash Voucher Scheme 2021 Under this scheme, the Government will be giving cash vouchers to the employees of the Central and States Government. The purchase should have been effected after the issue of the order i.e. LTC cash voucher Scheme 2020. All Office Memorandums; All Admin Forms; 7th Pay Commission; CGHS. (S. Waganathan) Deputy Secretary, E.II(A) FAQ on LTC Cash Voucher Scheme. ... No. LTC Cash Voucher Scheme for Central Government Employees - FINMIN Order. 1. This issues with the approval of Secretary (Expenditure). Current block is 2018 to 2021. The government has taken this step as part of a plan to increase demand in the economy by increasing consumer spending. Also Read: Leave Travel Concession (LTC) Cash Voucher Scheme for Central Government Employees (Finmin Order dated 12-10-2020) 2. Under this scheme the government is going to give a cash voucher of Rs. F.No.12(2)/2020-EII(A) FAQ-2-on-LTC-Voucher-Scheme.pdf; File Size: 234.9 KiB Downloads: 1850. Finance minister Mrs. NirmalaSitharaman has launched LTC Cash Voucher Scheme 2021 for central government employees to boost consumption in this festive season on 13 th October 2021. FAQ on LTC Cash Voucher Scheme ueries S.N0 Whether the individual employee is required to take leave to avail this LTC- cash Voucher Scheme? If a particular LTC which is meant to be used for the scheme has been paftially availed by either self or members of the family, whether this scheme is Special Cash Package in Lieu of LTC Clarification FAQ No. No. If one cannot claim before 31 March, 2021, it would expire and one need to pay income tax on their LTC / LTA amount. LTC Cash Voucher Scheme 2020 PDF Download. 10,000to all categories employees of central government. Special cash package : LTC Fare for CG Employees during the Block 2018-21 ; RBE No. The Ministry of Finance has recently announced Leave Travel Concession (LTC) Cash Voucher Scheme (‘the Scheme’) to provide cash in lieu of the LTC eligibility, in order to boost the consumer demand in the economy and provide certain tax concessions to both government and private sector employees, as per the conditions specified in the Scheme. LTC – Leave Travel Concession which is part of employee salary can be claimed twice in a block of 4 years. These vouchers will be provided to employees so that they can encash them and purchase various items as specified by the concerned department. 95/2020: Special Cash Package LTC Fare for Railway Employees during the Block 2018-2021 ; DoE order : FAQ2 on LTC Special cash voucher scheme during the Block 2018-21 ; LTC for Central Government Employees during the block 2018-21 (FAQNo.3)-Queries Whether an employee is required to undertake an travel? LTC Special cash voucher scheme Finmin clarifies FAQ No – 2.
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