In the series of FAQs on the LTC Cash Voucher Scheme for availing tax exemption on LTC without actual travel, the government has issued LTC Cash Voucher Scheme FAQ-4 on 10.03.2021 to clarify 5 new queries on the scheme just before a few days of the due date to avail the scheme.. November 26, 2020. S No. OFFICE MEMORANDUM. The government has announced the LTC Cash Voucher Scheme in lieu of LTC travel scheme via a press conference dated October 12, 2020. If that LTC is exhausted, will he be eligible for this scheme? 12(2)/2020-E.II(A) Government of India. 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? A newly recruited employee, whose LTC expires in December, 2020 which remains unutilized, may be allowed to claim the cash package in lieu of that LTC till 31 St March, 2021. 2. 10,000to all categories employees of central government. FAQ on LTC Cash Voucher Scheme. 1) What is LTC Cash Voucher Scheme? LTC Cash Voucher Scheme - Special cash package equivalent of Leave Travel Concession Fare for Central Government Employees during the Block 2018-21 The period of lockdown in the Covid19 epidemic has caused a sharp decline in the country’s economy. New Delhi: Insurance premium paid for policies that have been purchased between October 12, 2020, and March 31, 2021, by central government employees will be eligible for reimbursement under the LTC cash voucher scheme. North Block, New Delhi Dated 25th November, 2020. Ministry of Finance. Application Form for Special cash package in lieu of LTC (LTC fare + 10 Days' EL encashment) during block year 2018-21 1. LTC Voucher Calculation FAQ No 3 PDF Download. 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 16/2020) Railway Board: Policy of Appointment of TADK on the Railways – RBE No. 12(2)/2020-E.II(A) Government of India. COUPON (2 days ago) Download Office Memorandum dated 12.10.2020 on LTC Cash Voucher Scheme in pdf format. Twitter. No. 12(2)/2020-E.II(A) Government of India Ministry of Finance Department of Expenditure ***** North Block, New Delhi Dated 20th October, 2020. North Block, New Delhi. Under this special scheme, the central government, as well as non-central government and private employees, can purchase any goods and services on GST of 12% and will also get reimbursement accordingly. The government on October 12 announced the LTC cash voucher scheme under which central government employees can purchase any goods … 2: Govt employees can make purchases in family member’s name FAQ No.3 In view of the Covid-19 pandemic and resultant nationwide lockdown as well as disruption of transport and hospitality sector, many employees are not able to avail Leave Travel Allowance Exemption in current black of 2018-21. OFFICE … FAQs on LTC Cash Voucher Scheme with Government Orders. Here are the latest FAQs regarding LTC Cash Voucher Scheme: Query: An employee whose workplace and hometown are same and is eligible for only one all India LTC in one Block Year. LTC cash voucher scheme Ready reckoner – Pay level 15 ; Grant of advances- Seventh Pay Commission recommendations- finmin order on 07/10/2016 ; LTC (SOME IMPORTANT FAQ) Availing of LTC (Leave Travel Concession) in current block year ; Income-tax exemption on LTC fare for non-Central Government employees ; Grant of Advance Rs.10,000 Special Festival Package to Government Servants ; … 1 – Date of Settlement of Advance taken and Name on Invoice – Finmin Clarification dated 04-11-2020 LTC Cash Voucher and Festival Advance Scheme FAQ No. 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 available and to what extent? Queries: Reply: 1. E.g. Clarification on Special cash package in lieu of Leave Travel Concession during Block 2018-21. So you can apply online easily e without any problem. North Block, New Delhi. Department of Expenditure. LTC Cash voucher scheme and Festival Advance Scheme: Furnishing of fortnightly report regarding number of employees opting for Kiran Kumari 0 December 30, 2020 11:52 pm Grant of Advance – SOP Order for UTSAV Card Special festival package to Govt. As the employees may have several queries regarding the scheme, the government has put 15 faqs to resolve the employees' queries. Clarification on travel by Premium Special Trains while travelling on TD and LTC; FAQ 2 on LTC Cash Voucher Scheme; November Salary to be Paid by Cash - Confederation; Home town LTC is also Eligible for LTC Cash Voucher Scheme; List of Items which carry GST 12 percent and above for LTC Cash Voucher Scheme; Sindhu Gets Group-1 officer post in AP Government and Cash Awards ; Filed Under: … Many FAQs have been launched in the second set under the cash Voucher scheme for the block 2018–21. This is a reimbursement scheme for LTC expense to revive the economy. This could repetition from some of the above points. Non-central government employees can now claim tax-free cash allowance from their employers if an LTC scheme similar to the central government's is a part of their working contract. The scheme is known as the “LTC cash voucher scheme” for the year 2021. North Block, New Delhi. They can use this money in any festival till 31 March 2021. WhatsApp. North Block, New Delhi Dated 20th October, 2020. We are going to share all the details about this Leave travel concession voucher scheme step by step. Dated: 20th October, 2020. Here are simple guidelines for the private sector employees. No. Whether the individual employee is required to take leave to avail this LTC- Cash Voucher Scheme? Subject:- Clarification regarding queries being received in respect of Special Cash Package equivalent in lieu of Leave Travel Concession Fare for Central Government Employees during … Servants : Finmin Order 13.10.2020 However, this applies to the goods and services such as TV DTH Recharge, Internet Broadband Payments, mobile phone bills, etc. 2) Employees need to spend 3 times on purchasing goods and services to avail their LTC/LTA. No.12(2)/2020/E-II.A Government of India Ministry of Finance Department of Expenditure. LTC Cash Voucher Scheme 2020 PDF Download. Telegram. FAQ 2 FA on LTC Cash Voucher Scheme ueries An employee whose workplace and hometown are same and is eligible for only one all India LTC in one Block Year, If that ITC is exhausted, will he be eligible for this stheme? FAQs on LTC Cash Voucher Scheme with Government Orders. Whether this will be eligible under the Scheme? The scheme is in lieu of one LTC available during the block year. What is LTC Cash Voucher scheme 2020? Whether an employee is required to undertake any travel: Whether the individual employee is required to take leave to avail this LTC- Cash Voucher Scheme? FAQ-Series 1 on LTC Cash Voucher Scheme dated 20.10.20. Guajrat government employees availing the LTC cash voucher scheme can purchase goods or services in the name of spouse or other family members eligible for LTC fare. Facebook. 5: 4 Portion of the payment was made in cash as against digital payment for the entire transaction. No. 12(2)/2020-E.II(A) Government of India Ministry of Finance Department of Expenditure. LTC cash voucher Scheme has been launched by the Government of India. An employee whose workplace and hometown are same and is eligible for only one all India LTC in one Block Year. Ministry of Finance. Some of these FAQs are shown here: The Government launched an LTC (Leave Travel Concession) Cash Voucher Scheme for Central Government employees on 12 th October 2020 to enable employees to purchase goods and services instead of availing LTC & leave encashment. Special Cash Package in Lieu of LTC Clarification FAQ No. The scheme is in lieu of one LTC available during the block year. LTC Cash Voucher Scheme has been launched by the Government of India. FAQ on LTC Cash Voucher Scheme. [FAQ 3] – LTC Cash Voucher Scheme – Finmin Clarification. Print - Advertisement - No.12(2)/2020/E.II.A Government of India Ministry of Finance Department of Expenditure. The lockdown period in the covid19 pandemic has lead to a sharp downfall in the economy of the country. No. The government has taken this step as part of a plan to increase demand in the economy by increasing consumer spending. Under this scheme the government is going to give a cash voucher of Rs. LTC FAQS. All this information has given by the government in the latest FAQs released in October. North Block, New Delhi Dated 25th November, 2020 . VOUCHER (4 days ago) Download Office Memorandum dated 12.10.2020 on LTC Cash Voucher Scheme in pdf format. Dated: 20th October, 2020. LTC Cash Voucher Scheme – Frequently Asked Question, (FAQ) Congingent Bill Form for Reimbursement of Special Cash package in lieu of LTC. FAQ on LTC Cash Voucher Scheme. Department of Expenditure. Subject: Clarification regarding queries being received in respect of Special cash package equivalent in … LTC Cash Voucher Scheme – How Private sector employees would get benefitted? Whether an employee is required to undertake any travel : 2. [FAQ 4] – LTC Cash Voucher Scheme – Finmin Clarification – FINMNI OM No.12(2)/2020/E-II.A – Dated 10.03.2021. FAQ-Series 1 on LTC Cash Voucher Scheme dated 20.10.20. 1) Private sector employees would not be eligible if they have opted for the concessional tax regime. Details and FAQ about the scheme are presented. OFFICE MEMORANDUM Home Central Government Employees Clarification LTC Ministry of Finance [FAQ 4] – LTC Cash Voucher Scheme – Finmin Clarification [FAQ 4] – LTC Cash Voucher Scheme – Finmin Clarification. 2. OFFICE MEMORANDUM. Reply: No. FAQs on Leave Travel Concession (LTC) Cash Voucher Scheme. If that LTC is exhausted, will he be eligible for this scheme? 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. OFFICE MEMORANDUM. OFFICE MEMORANDUM. No.12(2)/2020/E.II.A Government of India Ministry of Finance Department of Expenditure. 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. OFFICE … Due to COVID-19 it was impossible for anyone to travel anywhere so the Govt of India have come up with LTC Cash Voucher scheme 2020 – 2021 under which the Central govt/state govt/private sector employee can avail the LTC Cash Voucher which will replace the actual travel which was earlier required to avail the tax benefits. Special Cash Package equivalent in lieu of LTC Fare Scheme FAQ No. Dated 10th March, 2021. By igeadmin. e-Awas system for automatic posting of Licence Fee deducted from salary of the allottees of GPRA in Delhi. Under the Cash Voucher Scheme, the employees can claim the LTC amount as tax-exempt if they purchase the goods or services that attract more than 12% of GST. LTC Cash Voucher Scheme for Central Government Employees: In a new Office Memorandum, the Department of Expenditure (DoE) under the … MACP: Consolidated guidelines for Railway Employees (RBE No. In this article we are going to share with you all the details about the opportunity. By Admin. Whether an employee is required to undertake an travel? LTC Cash Voucher Scheme – Frequently Asked Question, (FAQ) No. Name/ Designation of the Government Servant : _____