LTC cash voucher calculation for without leave encashment – Example with Calculator The Leave Travel Concession (LTC) Cash Benefit Voucher Scheme is a little bit confusing on the calculation with or without encashment. As per the recent clarification issued by the Department of Expenditure on 25 November 2020, the lesser amount between actual expenditure and … Read more
LTC Special Cash Package Scheme: Clarification dated 07.05.2021 regarding the full and final settlement of bills/claims No.12(2)/2020-E-II (A) Government of India Ministry of Finance Department of Expenditure North Block, New Delhi Dated 7th May 2021 OFFICE MEMORANDUM Subject: Clarification regarding full and final settlement of bills/claims pertaining to LTC Special Cash Package Scheme. The undersigned … Read more
Portion of the payment was made in cash as against digital payment for the entire transaction. Whether this will be eligible under the Scheme? The portion of digital payment may be allowed to be reimbursed subject to other conditions as contained in the O.M. dated 12.10.2020. The Department of Expenditure has recently published another clarification … Read more
Special Cash Package Equivalent in Lieu of Leave Travel Concession Fare for Armed Forces Personnel Message No. 18/2020 Special cash package equivalent in lieu of Leave Travel Concession Fare for Armed Forces Personnel – Covid-19 1) Government of India, Ministry of Defence letter No. 12647/LTC/2020-21/Mov C/229/D (Mov)/2020 dated 11.11.2020, conveying sanction of the Competent Authority … Read more