What is LTC Cash Voucher Scheme 2023-24 Online Registration| Eligibility Criteria

What is LTC Cash Voucher Scheme 2023-24 Online Registration| Eligibility Criteria

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What is LTC Cash Voucher Scheme 2023-24 Online Registration| Eligibility Criteria, LTC Cash Voucher Scheme benefits, Motive to Launch of LTC Voucher Scheme, LTC कैश वाउचर स्कीम.

Finance minister Mrs. NirmalaSitharaman has launched LTC Cash Voucher Scheme 2023 for central government employees to boost consumption in this festive season on 13th October 2023. Under this scheme the government is going to give a cash voucher of Rs. 10,000to all categories employees of central government. They can use this money in any festival till 31 March 2023.

This is really very good scheme for the people of the India. Due to the Corona Virus Period they loss so much. now the central government provide them this Gift Voucher to the employee so that they can celebrate the festival with their family.

LTC Cash Voucher Scheme 2023-24

Anybody who wants to take advantage of this scheme can download application and can read all information about this scheme. Today in this article we are going to tell you all Eligibility Criteria Required, Benefit, Key features of the scheme and Application status and Procedure etc.

LTC Cash Voucher Scheme

Highlights of LTC Cash Voucher Scheme 2023

Scheme Name : LTC Cash Voucher Scheme
Launched By : Finance Minister Nirmala Sitharaman
Beneficiaries : Central Government Employees
Major Benefits : A special cash voucher for central government employees
Scheme Objective : Cash Voucher for travelling and shopping in festivals
Scheme Applied : In All India
Scheme Published On : 10/13/20

LTC Cash Voucher Program Apply Online

Government launch this LTC Voucher Scheme ( Leave Travel Concession) for the employees of central government who were not able to take leave in Covid-19 time. So Finance Minister Nirmala Sitharaman has announced this this new Scheme for boost the ailing economy. In this scheme a big incentive will give to central government employees as festival advance to spend this money in festivals.

The department of expenditure has released a list of clarification regarding the recently launched LTC Cash Voucher program 2023. It will help Central Government Employees to get more information regarding this scheme.

Under this scheme Central Government gave gifts to all their employees on the occasion of festivals.

All eligible employees who want to apply this scheme then read all the instructions and steps very carefully till the end.

LTC Cash Voucher Scheme 2023-24 Online Registration

  • Visit the official website of LTC Cash Voucher Scheme 2023
  • Go on home page and click on button apply for apply this scheme.
  • Application form will display on the screen
  • Enter all required documents and details
  • Click on submit button to submit your application

Note : There is no additional information regarding this Scheme till now so to know more about the scheme keep in touch with us on our website we wi share all information regarding this scheme very soon.

Major Benefits of LTC Cash Voucher

  • Cash Payment of Rs. 10,000 will be given to central government employees.
  • This in totally tax free payment for the employees who were on duties on Covid-19 time.
  • Employees can spend this money in any festival till 31st March
  • Travel fare will begiven only eligible employees
  • GST receipt have to submitted while  traveling allowance  or leave allowance.
  • Employees have to spend this money on particular things.

Eligibility Criteria of LTC Cash Voucher Scheme

  • Applicant should be resident of India
  • And Applicant should be Central Government Employee
  • Applicant can also State Government employee

Important FAQs about LTC Cash Voucher 2023

What is LTC Cash Voucher Scheme ?

Ans: Finance Minister Nirmala Sitharaman has launched this scheme in order to boost economy this year. Under this scheme Rs. 10,000 will be given by government to central government employees to spend on festival and buying goods.

How long can You Spend this money ?

Ans: You can spend this money till 31st March 2023.

How Much will the government spend ?

Ans: The Government will spend Rs. 5,675 crore for LTC.

Income Tax Exemption Under LTC Cash Voucher Scheme

Final Words : As we have already told you that Finance Minister Nirmala Sitharaman has launched this scheme to boost Indian economy by giving 10,000 rupees to Central Government Employees in 10 installments and they can only use this money by spend on traveling and buying products. The benefits will have to given central and state Government employees because of their hard work on the time to Covid-19 time.  With this travel allowance people will travel and spend more money on it so in this way our economy will also boost in good way.

Note : For any kind of mistake we are sorry to know about the scheme please go and check official website. Stay tuned with us for more updates . If you have any doubt please comment in comment section we will try to clear your doubt.

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