Claim for LTC cash scheme may be entertained by 30-04-2021 provided employee made purchase by 31-03-2021

The Ministry of Finance has issued various FAQs relating to the Special cash package in lieu of Leave Travel concession. Earlier it was mentioned that the claims should be made and settled before 31-03-2021. Considering the difficulties arising in submitting bills for purchases made particularly in late hours of 31-03-2021, it is clarified that submission of bill/claims may entertained by 30-04-2020, but payment should be made by 31-03-2021.The Ministry of Finance has issued various FAQs relating to the Special cash package in lieu of Leave Travel concession. Earlier it was mentioned that the claims should be made and settled before 31-03-2021. Considering the difficulties arising in submitting bills for purchases made particularly in late hours of 31-03-2021, it is clarified that submission of bill/claims may entertained by 30-04-2020, but payment should be made by 31-03-2021.taxmann.com Latest Statutory HappeningsRead More

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