New LTC cash voucher scheme: Who is eligible and how employees can claim benefits from employer
New LTC cash voucher scheme: The Finance Minister Nirmala Sitharaman on Monday made several announcements to boost the Indian economy. The government also announced giving out cash vouchers to central government employees this year in lieu of leave travel concession (LTC) fare which could be spent only on buying non-food GST-rated items.
For those unaware, the central government employees get LTC to any destination to their choice plus one to their hometown. Source - PIB.