Web21 okt. 2024 · LTC cash voucher Scheme has launched in order to increase consumer demand in the market. This scheme is going to increase the economic flow of the … Web11 mrt. 2024 · The scheme was initially launched for government sector employees, but was later extended to non-government employees as well. To provide boost to consumer …
Leave Travel Allowance: Why is there a need to revisit LTA …
Web21 aug. 2024 · Government on October 12 announced the LTC cash voucher scheme under which employees can purchase any goods or services with a GST rate of 12 per … Web16 dec. 2024 · The LTC scheme requires employees to spend three times the amount of deemed LTC fare on the purchase of goods/services, having a GST rate of 12 per cent … crefo factoring bonn
Tax Exemption For LTA Under Special Cash Voucher LTC …
Web2 nov. 2024 · What is tax provision for claiming tax exemption for LTA The tax laws allow exemption for any money received by an employee for travelling to any place within India, either himself alone or along... Web6 mrt. 2024 · LTC Cash Voucher Scheme Team Masters India at March 01, 2024 To boost the consumption that has been ravaged by the Covid-19 Pandemic, the Government announced a Special Cash Package on 12 October 2024 for Central Government employees. This package is in lieu of the Leave Travel Concession (LTC). Web10 feb. 2024 · Scheme is applicable for the employees eligible for LTA as a part of their CTC. 2. LTC scheme is applicable from October 12, 2024 to March 31, 2024. 3. If an individual has already claimed LTA twice in the current block of 4 years (2024-2024) then he is not eligible to claim for the LTC scheme this year. 4. buck\\u0027s duel to the death