Central Government Employees: Is prior intimation must for availing LTC Cash Voucher Scheme? – news 07 trends
The authorities has come out with extra clarifications on the queries being acquired in respect of Special Cash Package equal in lieu of Leave Travel Concession Fare for Central Government Employees through the block 2018-21. When it got here to precise implementation and the method to avail the advantage of the LTC Cash Voucher Scheme, there have been a number of queries in search of clarification from the federal government. The authorities has been issuing clarifications sometimes to take away any confusion in regards to the implementation of the scheme.
Of late, a number of ministries and departments have raised queries and requested for clarifications with regard to:
(i) Whether any prior intimation is required identical to availing the precise LTC Scheme?
(ii) The LTC for the year 2018-19 Block was prolonged upto 3lst December, 2020.Whether claims may be made underneath this block until March, 2021?
The authorities via its newest Office Memo dated February 16 has clarified that the Special Cash Package is in lieu of pending LTC for the Block between 2018-21 and payments for availing this scheme are to be submitted earlier than 3l .03.2021. No prior intimation as is being given within the case of LTC Scheme is required and for the year 2018-19 (prolonged until 31.12.2020), the claims may be made earlier than 31.03.2021.
Earlier, the federal government had additionally clarified on the operation half because the scheme is for the LTC block of 2018-21. Normally, a block accommodates two LTC fare (dwelling city and wherever in India). If one has been availed and the opposite remaining, the identical may be utilized for this goal. Any unutilized LTC of the block of 2018-21 is eligible. This scheme is relevant to the LTC fare left unutilized through the Block Year as talked about within the LTC Cash Voucher Scheme Order efficient 12.10.2020.
While availing the supply, a number of payments are accepted. The buy ought to have been accomplished from the date of difficulty of the LTC Cash Voucher Scheme Order dated October 12, 2020, until the tip of the present Financial Year. The buy ought to carry a GST of 12% and above and fee ought to have been made to digital mode. The reimbursement is predicated on manufacturing of bill with particulars of GST. As far as doable, the declare ought to be made and settled effectively earlier than thirty first March, 2021 to keep away from any final minute rush and resultant lapse.