Deadline to submit bills/claims under LTC Special Cash Package for central govt employees extended
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Deadline to submit bills/claims under LTC Special Cash Package for central govt employees extendedET Online
Last Updated: May 15, 2021, 10:26 AM IST
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Synopsis
The LTC Cash Voucher scheme was announced by the Finance Minister Nirmala Sitharaman in October 2020 to boost consumer demand and to provide tax benefit to individuals who are unable to claim the usual LTC tax benefit due to covid-related travel restrictions.
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The deadline to submit bills/claims for benefits under the LTC Special Cash package scheme has been further extended to May 31, 2021. The Department of Expenditure, via an Office Memorandum issued on May 7, 2021 stated that due to the current Covid-19 situation the last date of submission of bills under the LTC Cash scheme has been extended till May 31.