TheGrandParadise.com Mixed What is LTC for central government employees?

What is LTC for central government employees?

What is LTC for central government employees?

Leave Travel Concession (LTC) is granted to Central Government employees for travel to various parts of the country and home as well. The number of home travel visits allowed are two. This is made available every four years.

How can I write application for LTC leave encashment?

I shall be availing of Earned Leave / Casual Leave for days w.e. f __________ to ________. I may kindly be granted Leave Encashment equivalent to ten (10) days.

What is the time limit to submit LTC claim?

4.1 In terms of Rules 14 and 15(vi) of LTC Rules, the time limit for submission of LTC claim is : 1) Within three months of completion of retur journey, if no advance is drawn; ü) Within one month of completion of return journey, if advance is drawn.

How many days before we can apply for LTC advance?

LTC advance can be drawn 60 days before the proposed date of outward journey: – Under Central Government Rules, a Government servant can draw advance in respect of the journey proposed to be performed under the Leave Travel Concession scheme by himself and/or by members of his family 60 days before the proposed date of …

Who is entitled for LTC?

Any employee with one year of continuous service on the date of journey performed by him/his family is eligible. Employees whose spouses are working in Indian Railways/National Airlines are not eligible for LTC.

How many times LTC can be claimed in a year?

Usually LTC can be availed twice in a block of a four calendar years. Current block of years will be as below. 2014-2017 (From 1st January 2014 to 31st December 2017). As said above you can claim only twice in a block of 4 years period.

How do I apply for LTC advance?

Government servant may apply for advance for himself and/or his family members sixty five days before the proposed date of the outward journey and he/she is required to produce the tickets within ten days of the drawal of advance, irrespective of the date of commencement of the journey.

How do I write a letter to avail LTC?

I intend to avail of Leave Travel Concession for self and the members of my family for visiting Home-town / LTC. I hereby declared that I shall avail the Leave Travel Concession in respect of the following members of my family who are residing with me wholly dependent upon me.

Who are eligible for LTC?

Can LTC be claimed for parents?

You can claim LTA benefit for the travel costs of yourself, your family consisting of your spouse, children, dependent parents, brothers, and sisters of the employee.

Is LTC exempted from income tax?

36000 per family member For FY 2020-21 also available to non-Government Employees. Many Salaried employees get Leave Travel Concession (LTC) from their Employers which is exempt to the extent it is actually spent on travelling. LTC which could not be spent is taxable in the hands of employee.