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Central Government News

Finance minister declared that all central government employees would get LTC cash voucher scheme and special festival advance

  Latest Central Government Employees News Government employees can elect to earn cash amounting to leave encashment and 3 times ticket fare to buy items that attract GST of at least 12 percent under the LTC Cash Voucher Scheme   Finance minister declared that all central government employees would get LTC cash voucher and special festival advance schemes Finance Minister Sitharaman, in an effort to stimulate demand and increase consumer spending in preparation for the next holiday season, have announced Travel ( LTC ) casheat and special festival schemes for government employees. “We want to encourage these people to boost demand for the benefit of the least fortunate,” said the Finance Minister. The indications are that the savings of government and organised sector employees have increased. Under the LTC cash voucher system , government servants may opt to receive cash in cash and 3 times ticket fare to purchase items with a GST level of at least 12%. ...