7th Pay Commission Latest New: Keeping in mind the ongoing festive season, the Central government has announced giving travel concession cash voucher to Central government employees. Also Read - 7th Pay Commission Latest News: Diwali Bonus Announced For These Govt Employees | Check Details
As per updates, the Centre is providing different benefits under the scheme to its employees. However, there was some confusion about this scheme among employees, but the Centre now has cleared the air around it. Also Read - 7th Pay Commission Latest News: Central Govt Employees Likely to Get Hike in Dearness Allowance From This Date | Check Details
Without understanding the scheme properly, the government employees were confused whether they need to take leave to avail benefits under this scheme or not. Moreover, the employees were also confused whether they need to attach travel bills to claim the benefits of the cash voucher or not. However, the department concerned under the Finance Ministry has made it clear that the employees will neither have to travel nor take leave for travelling to avail the benefits of this scheme. Also Read - 7th Pay Commission Latest News: Diwali Bonus Announced, Govt Employees to Get Salary Hike | Details Here
As per the latest clarification from the Centre, employees are being given this special package in place of leave and travel allowance. Employees can spend the amount given under this scheme as per their choice.
In general, the Central government employees get the benefit of Leave Travel Allowance (LTA) only when they travel and submit the bills to claim it. If the employees decide not to travel, they do not get full benefit of LTA. However, keeping the difficulties faced by the employees due to coronavirus pandemic, the Centre has decided to give them cash voucher under LTA scheme. The move is likely to provide relief to the employees in these difficult times.
Under this LTS Cash Voucher Scheme, the employees can now purchase goods and services thrice the fare of rail and air fares in place of leave. Moreover, the employees can now avail monetary benefits under this scheme without travelling and can also save money in tax on purchases made with this amount. However, the employees can spend the amount received under this scheme on only goods and services incurring tax of more than 12 per cent.