Govt LTC scheme: Employees may have to spend over Rs 1 lakh for reimbursement

Govt LTC scheme: Employees may have to spend over Rs 1 lakh for reimbursement

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The government's measures to boost consumption demand by providing more money into the hands of individuals would require a central government employee to spend in excess of Rs 1 lakh to claim leave travel concession reimbursement of just over Rs 30,000.

As per the LTC fare schedule provided by the finance ministry, the deemed...

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