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Business News » Personal Finance News

7th Pay Commission Latest News: Central government employees' alert! one mistake could cost you your LTC claim—check report

7th Pay Commission latest news update: If you are planning to go on holiday on your LTC amount, there is an alert from the Personnel department for government employees. 

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7th Pay Commission Latest News: Central government employees' alert! one mistake could cost you your LTC claim—check report
Earlier, after a number of queries was raised by several govt employees with regards to availing the benefits of LTC Cash Voucher Scheme, the Centre issued a clarification to remove confusion about the implementation of the scheme. Source: Reuters
Updated: Sat, Mar 06, 2021
09:08 am
Patna, ZeeBiz WebDesk
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7th Pay Commission latest news update: If you are planning to go on holiday on your LTC amount, there is an alert from the Personnel department for government employees. As per the alert, if you have bought your tickets from agents that are not listed with the government, you may have to bear double loss.  

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One that your LTC bill not be entertained and another is that you will have to bear travel expenses on your own. If you want to avail the LTC benefits, you must pay heed to Personnel Department's alert. Tickets should be bought only from IRCTC, M/s Balmer Lawrie & company, M/s Ashok travels & Tours. For airline tickets, you can book it from the website of the airline concerned and from their ticket window too.  

Earlier in mid February, after a number of queries was raised by several government employees with regards to availing the benefits of LTC Cash Voucher Scheme, the Centre issued a clarification to remove confusion about the implementation of the scheme. Recently, several ministries and departments have raised queries and asked the government for clarifications with regard to — whether any prior intimation is required to avail the actual LTC Scheme?   

Government issues clarification: Issuing a clarification dated February 16, the Centre said that the Special Cash Package is in lieu of pending LTC for the Block between 2018-21 and bills for availing this scheme are to be submitted before March 3l, 2021. The Centre further added that no prior intimation is needed in the case of LTC Scheme and for the year 2018-19 (extended till 31.12.2020), the claims can be made before March 31, 2021.   

Prior to this, the Centre had also clarified on the operation part as the scheme is for the LTC block of 2018-21. Normally, a block contains two LTC fare (hometown and anywhere in India). According to updates from the government, if one has been availed and the other remaining, the same can be utilized for this purpose. However, any unutilized LTC of the block of 2018-21 is eligible.   

The government said that the LTC scheme is applicable to the LTC fare left unutilized during the Block Year as mentioned in the LTC Cash Voucher Scheme Order effective from October 12, 2020.  

While availing the scheme, multiple bills are accepted and the purchase should have been done from the date of issue of the LTC Cash Voucher Scheme Order dated October 12, 2020, till the end of the current Financial Year. 

The government said that the purchase should carry a GST of 12% and above and payment should be made in digital mode. However, the reimbursement is based on production of invoice with details of GST. As far as possible, the claim should be made and settled well before 31st March, 2021 to avoid any last minute rush and resultant lapse. 

  

 

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TAGS:
7th Pay commission7th CPCLTCDearness Allowance
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