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Govt LTC scheme: Spend over Rs 1L for reimbursement

The government’s measures to boost consumption demand by providing more money into the hands of individuals would require a central government employee to spend in excess of Rs 1 lakh to claim leave travel concession reimbursement of just over Rs 30,000. As per the LTC fare schedule provided by the finance ministry, the deemed airfare […]

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The government’s measures to boost consumption demand by providing more money into the hands of individuals would require a central government employee to spend in excess of Rs 1 lakh to claim leave travel concession reimbursement of just over Rs 30,000. As per the LTC fare schedule provided by the finance ministry, the deemed airfare (round trip) for a person entitled to travel business class is Rs 36,000 while those entitled for economy class air travel and rail travel (any class) is Rs 20,000 and Rs 6,000, respectively. 

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