Short Info: एलटीसी कैश वाउचर योजना – [Apply Online] LTC Cash Voucher Scheme 2020 – Online Registration, Application Form PDF Download, Eligibility, Beneficiary List, Payment/ Amount Status, Features, Benefits and Check Online Application Status at Official Website – Not Available.
|Short Scheme Details:|
|Name of Scheme||LTC Cash Voucher Scheme|
|Scheme Benefit||A special package for Central government employees|
|Scheme Published On||10/13/2020|
|Scheme Updated on||03/21/2021|
Table of Content
एलटीसी कैश वाउचर योजना 2020: LTC Cash Voucher Scheme List, Status News Update
|Latest News Update:|
LTC Cash Voucher Scheme 2021 Apply Online
Summary: The Central government gave gifts to all its officers and employees on the occasion of festivals. Finance Minister Nirmala Sitharaman on 13th October 2020 announced the LTC cash voucher scheme for the central government employees to boost consumption ahead of the festive season.
The central government will give a prepaid RuPay card of Rs 10,000 to all rank and category employees under this scheme. It can be used for any festival till 31 March 2021.
All Applicants who are willing to apply online application then download the official notification and read all eligibility criteria and application process carefully. We will provide short information about “LTC Cash Voucher Scheme 2021” like Scheme Benefit, Eligibility Criteria, Key Features of Scheme, Application Status, Application process and more.
LTC Cash Voucher Scheme Online Registration Process
Leave Travel Concession (LTC) Cash Voucher Scheme Details: Central government employees get LTC in a block of 4 years (one to anywhere in India and one hometown or two to hometown). Air or Rail Fare, as per scale/entitlement, is reimbursed and in addition, Leave encashment of 10 days (pay + DA) is paid. Due to COVID-19, employee are not in position to avail LTC in the current block of 2018-19.
All Eligible Applicants who want to apply this scheme then read all instructions carefully and follow the given below steps to apply online application form:
Procedure to Apply Online LTC Cash Voucher Scheme Application Form 2020
Step 1- Visit the Official Website of LTC Cash Voucher Scheme i.e. Not Available.
Step 2- On the Homepage, Click on the Option “Apply Online” button.
Step 3- Application Form page will be displayed on the screen.
Step 4- Now enter the required details and upload documents.
Step 5- Click on Submit Button for the final submission of the application.
Note: There is no additional information regarding LTC Cash Voucher Scheme Registration is available now.
How to take advantage of the scheme?
- Cash payment is being given to the employees in lieu of LTC.
- Payment of fare will be completely tax free.
- Employees availing this scheme will have to spend three times the fare.
- Leave encashment will have to be spent equal to the payment.
- Travel fare will be paid according to the eligibility of the employee.
- GST receipt will have to be submitted while claiming travel allowance or leave allowance.
- Employees will have to spend money on a particular item.
- The service item on which 12% or more GST is charged, the money will have to be spent there.
- Will have to be spent before 31 March 2021.
- Only services or goods have to be purchased from the GST registered vendor or merchant.
- Payment of services or goods will also have to be done in a digital way.
How to compute the Special Package in lieu of LTC?
An illustration is given below for ease of understanding:
Required Document for LTC Cash Voucher Scheme
|Important Document to Apply Online|
LTC Cash Voucher Scheme Eligibility Criteria
LTC Cash Voucher Scheme 2021: Online Application Form
|LTC Cash Voucher Scheme 2021: Online Application Form PDF Download – The government has decided to give an interest-free advance of Rs 10,000 to all its officers and employees on festive occasions. The government has taken this step as part of a plan to increase demand in the economy by increasing consumer spending.
How long can you spend 10,000 rupees?
This advance of Rs 10,000 will be in the form of a pre-paid RuPay card. The Special Festival Advance Scheme is available for the next six months.
How to pay?
The employees will have to pay this advance in 10 installments.
What is LTC Cash Scheme?
In order to boost the demand in the economy, the government has announced a cash voucher in lieu of Leave Travel Concession (LTC) to its employees this year.
How long can I spend the amount?
It will have to be spent by 31 March 2021.
How much will the government spend?
The government will spend Rs 5,675 crore for LTC.
The government has created three categories for availing the LTC Cash Voucher Scheme and capped the payouts: employees entitled to business class air travel, economy air travel and rail fare.
— MyGovIndia (@mygovindia) October 13, 2020
Deemed LTC Fare
The number of LTC vouchers that the employees will get plus the value of these vouchers are as follow:-
|Employees who are entitled to business class of airfare||Rupees 36000|
|Employees who are entitled to an economy class of airfare||Rupees 20000|
|Employees who are entitled to Rail fare of any class||Rupees 6000|
Employees will now get cash equivalent to the total of the full roundtrip fare and leave encashment. The condition is that they will have to spend three times the fare and full leave payout on buying goods or services attracting a GST of 12% or more.
Objectives of LTC Cash Voucher Scheme 2021
Indications are that savings of govt. and organized sector employees have increased, we want to incentivize such people to boost demand for the benefit of the less fortunate: Finance Minister @nsitharaman pic.twitter.com/zsflqNVUpB
— PIB India (@PIB_India) October 12, 2020
Key Features of Scheme
|HELPLINE NUMBER & CONTACT ADDRESS|