Diabytes
LTC News
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LTC Rule Change for Central Government Employees: Check eligibility, route and time period for claiming Leave Travel Concession.
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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.
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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.
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DA increase in accordance with the accepted formula.
Increase based on 7th Pay Commission recommendations.
Increase of 4 percent over the existing rate of 17 percent.
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Govt employees booked LTC tickets in advance facing financial difficulties.
High cancellation amount charged by the airlines.
One-time relaxation for reimbursement of the cancellation charges.
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Govt aims to compensate employees, incentivise consumption.
Govt has allowed payment of cash allowance equivalent to LTC fare.
Employee can exercise option for Block year 2018-21.
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Special festival advance of Rs 10,000.
Amount for all gazetted and non gazetted officers.
This is a one time advance.
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"Everybody pays GST on their consumption unless they choose to buy without bills in black, a practice the Government obviously does not condone and which hopeful the ET does not want to encourage. Incidentally, the entitlements under the scheme have been worked out at full cost (i.e. including the GST element in fares)," stated the Finance Ministry.
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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.
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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.
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Dynamic or flexi-fare in Rajdhani and Shatabdi trains will be admissible under the Leave Travel Concession (LTC) allowance.
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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.
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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.
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Summer vacations are going to be even more cheerful following government decision to relax Leave Travel Concession (LTC) rules.
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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.
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