LTC Special Cash Package and Leave Encashment calculator 2020 ( Calculate total amount to be spent for full cash benefit)
LTC Special Cash Package Scheme
Calculate your Special Cash Package in lieu of LTC based on your basic pay and Leave Encashment. Note: 4years once LTC can be availed by the Central Government Employee and the Leave Encashment for LTC is permissible for maximum 6times with maximum of 10days per LTC encashment.
Category wise Deemed LTC Fare for Special Cash Package
Category wise Deemed LTC fare per person (Round Trip)
Employees who are entitled to business class of airfare Rs. 36,000
Employees who are entitled to economy class of airfare Rs. 20,000
Employees who are entitled to Rail fare of any class Rs. 6,000
How to apply the LTC Special Cash Voucher Scheme in Post Office. Download the form attached below and submit to your head office along with Leave Encashment Form. The Approval to be given after verification of dependent and all other criteria mentioned in the LTC form. Based on the sanction, the advance amount released for the purchase of goods with GST 12% and above.
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