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7th Pay Commission: LTC tax, DA increase, salary hike, arrears clearance

7th Pay Commission: LTC tax, DA increase, salary hike, arrears clearance - Latest updates The announcement about LTC tax was by made by Union Finance Minister Nirmala Sitharaman in Union Budget 2021. DNA Web Team Feb 4, 2021, 12:55 PM IST In a good news news for lakhs of central government employees, the Centre has said that they need not pay income tax on the amount received against LTC (Leave Travel Concession). The announcement in this regard by made by Union Finance Minister Nirmala Sitharaman in Union Budget 2021. 1. When was exemption given by Centre? 1/7 It may be recalled that this income tax exemption was given by Centre to the central government employees on 12th October 2020 (FY 2020-21) due to COVID-19 pandemic.

Nirmala sitharamanNirmala sitharmanPay commissionUnion labour officeWeb teamUnion budgetUnion finance minister nirmala sitharamanLeave travel concessionPrime minister narendra modi ledVoucher schemeLabour officeAll india consumer price indexசெலுத்த தரகுதொழிற்சங்கம் தொழிலாளர் அலுவலகம்வலை அணிதொழிற்சங்கம் பட்ஜெட்

LTC Cash Voucher Scheme notified in Budget 2021

LTC Cash Voucher Scheme notified in Budget 2021 SECTIONS Share Synopsis The benefit of the LTC Cash Voucher scheme is available in the old tax regime. If an individual opts for the new tax regime, then tax benefit under the scheme will not be available. To claim the benefit under the scheme, an individual is required to fulfil certain conditions. Getty Images The Leave Travel Concession (LTC) cash Voucher scheme has been notified by the government in Budget 2021. The 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.

Nirmala sitharamanLeave travel concessionFinance minister nirmala sitharamanவிடுங்கள் பயணம் சலுகை

Nirmala Sitharaman doubles healthcare spending, imposes new agri cess in Union Budget for FY22

Nirmala Sitharaman doubles healthcare spending, imposes new agri cess in Union Budget for FY22 PTI New Delhi: Finance Minister Nirmala Sitharaman proposed Monday more than doubling of healthcare spending while imposing a new agri cess on certain imported goods and raising customs duty on items ranging from cotton to electronics in a bid to pull the economy out of the trough. In her Union Budget for the fiscal year beginning April 1, 2021, Nirmala Sitharaman restricted tax-free interest on retirement fund to Rs 2.5 lakh annually but gave tax exemption on Leave Travel Concession (LTC) subject to incurring of specified expenditure. A new Agriculture Infrastructure and Development Cess will be imposed from Tuesday on customs duty levied on bullion, alcoholic beverages, coal and agri products ranging from apple to lentil. But to reduce the burden on consumer, customs or import duty on these items was cut.

New delhiNirmala sitharamanLife insurance corporationDevelopment cessUnion budgetFinance minister nirmala sitharamanLeave travel concessionAgriculture infrastructureReal estate infrastructure trustsInfrastructure investment trustsபுதியது டெல்ஹிவாழ்க்கை காப்பீடு நிறுவனம்வளர்ச்சி சிஇஎஸ்எஸ்தொழிற்சங்கம் பட்ஜெட்விடுங்கள் பயணம் சலுகைரியல் எஸ்டேட் உள்கட்டமைப்பு அறக்கட்டளைகள்

Union Budget 2021: Sitharaman doubles health-care spending, imposes new agri cess

Union Budget 2021: Sitharaman doubles health-care spending, imposes new agri cess
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Union Budget 2021 In A Nutshell: Centre Doubles Spending On Healthcare; Imposes New Agri Cess

Union Budget 2021 In A Nutshell: Centre Doubles Spending On Healthcare; Imposes New Agri Cess
outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.

Lok sabhaLife insurance corporationDevelopment cessNirmala sitharamanForeign direct investmentLeave travel concessionAgriculture infrastructureReal estate infrastructure trustsInfrastructure investment trustsலோக் சபாவாழ்க்கை காப்பீடு நிறுவனம்வளர்ச்சி சிஇஎஸ்எஸ்வெளிநாட்டு நேரடி முதலீடுவிடுங்கள் பயணம் சலுகைரியல் எஸ்டேட் உள்கட்டமைப்பு அறக்கட்டளைகள்உள்கட்டமைப்பு முதலீடு அறக்கட்டளைகள்