The Central government has authorised government employees to utilise Tejas, Vande Bharat, and Humsafar trains for Leave Travel Concession (LTC) purposes. Government employees now have the option to travel in a total of 385 trains, including 136 Vande Bharat, 97 Humsafar, and 8 Tejas Express trains. Prior to this, they were able to enjoy luxurious … Read more
Income Tax: Salaried employees can benefit from many financial benefits offered to them in the form of allowances to reduce their tax burden. Allowances are offered on a monthly basis and must be claimed when filing an income tax return (ITR). The Centre offers many such allowances, which are part of the salary structure. These … Read more
New Delhi: Stimulus measures announced by the government before the festive season will support growth momentum as it will provide a push to consumer demand and traction to the unorganized sector, says a report. According to Dun & Bradstreet’s latest Economy Forecast report, capital expenditure as a part of the stimulus measure will help in … Read more
Delhi government on Thursday announced that its employees can take cash equivalent of leave travel concession (LTC) if they opt for it, in a bid to boost the consumer spending during the festive season. The Aam Aadmi Party (AAP)-led Delhi government said a special festival package of advance will be also be accorded to all … Read more
The government on Monday announced two measures aimed at increasing consumer spending — the LTC Cash Voucher scheme and Special Festival Advance Transfer scheme. The schemes primarily focus on offering cash benefits to central government employees as the government believes that it will lead to higher consumer spending during the festive season. Both schemes that … Read more
Finance Minister Nirmala Sitharaman on Monday announced two schemes to incentivise consumer spending and boost the country’s GDP as part of the Centre’s fresh economic revival push. Sitharaman said the schemes announced today will specifically focus on boosting consumer spending and capital expenditure. As part of increasing consumer spending, Sitharaman announced two schemes — LTC … Read more