Скачать или смотреть LTC Cash Voucher Scheme 2020 for all PSU and Central Government employees.

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LTC Cash Voucher Scheme 2020 for all PSU and Central Government employees.
Hello Friends, here is one more blockbuster video in which we will tell you about the new LTC cash voucher Scheme 2020 launch by the Honorable Minister Smt. Nirmala Sita Raman on 12 October 2020. The Government of India launched this (LTC cash voucher Scheme 2020) blockbuster scheme in view of the Covid 19 pandemic and resultant nationwide lockdown as well as disruption of transport and hospitality sector, as also the need for observing social distancing, a number of central government employees are not in a position to avail themselves for LTC for travel to any place in India or their hometown in current block year 2018-21.
Government of India launce this (LTC cash voucher Scheme 2020) special cash package equivalent in lieu of leave travel concession fare for central government employee during the block year 2018-21.
With a view to compensate and incentivize consumption by central government employees thereby giving a boost to consumption expenditure, it has been decided that cash equivalent of LTC, comprising Leave Encashment and LTC fare of the entitled LTC may be paid by the way of reimbursement if an employee opts for this in lieu of one LTC in the block of 2018-21 subject to the following conditions.
The amount both on account of leave encashment and fare shall be admissible if the employee spends
1. An amount equal to the value of Leave encashment and
2. An amount 3 times of the cash equivalent of the deemed fare, as given above on purchase of such items/availing of such service which carry a GST rate of not less than 12 % from GST registered vendors’ / service providers through digital mode and obtains a voucher indicating the GST number and the amount GST paid.



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