homepersonal financeGood news for govt employees ahead of Diwali — LTC benefit extended to visit some areas

Good news for govt employees ahead of Diwali — LTC benefit extended to visit some areas

LTC new rules: If you are a central government employee, you should be aware of the following LTC rules for air travel:

By Anshul  Oct 13, 2022 10:44:19 AM IST (Updated)

3 Min Read

Ahead of Diwali, the government has extended the leave travel concession (LTC) scheme allowing relaxation for travel by air to visit the northeast, Jammu & Kashmir, Andaman & Nicobar, and Ladakh for two years. Regarding the same, the Department of Personnel & Training (DoPT), in a circular, said that the relaxation had been further given for more two years, w.e.f. September 26, 2022, till September 25, 2024.
The eligible central government employees reimburse tickets for to and fro journeys, besides paid leave, when they avail of LTC. In other words, it can be said that LTC is an allowance for travel expenses and is exempted from tax under the Income Tax Act.
Here are key things to know about LTC and the latest extension: