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Govt issues further Clarification regarding LTC Special Cash Package Scheme

govt-clarification-ltc-special-cash-package-scheme

The government vide its Office Memorandum dated 7th May 2021 issued further clarification on full and final settlement of bills/claims pertaining to the LTC Special Cash Package Scheme.


Earlier, vide OM dated 31.03.2021, the government clarified that submission of bills/claims with regard to the LTC Cash Voucher Scheme may be entertained and settled by the concerned DDOs by 30th April 2021.



However, there is state-wide lockdown declared in almost all of the states of the country to contain the spread of COVI-19 pandemic and thus in order to provide relief and to mitigate the hardship causing to the employees from submitting bills/claims under the LTC Scheme, the government has extended the date for submission of bills/claims may be entertained and settled by Ministries Departments by 31st May 2021.


The LTC Scheme was valid from the period beginning from 12th Oct 2020 to 31st March 2021.


It is once again reiterated that payment for the purchases should have been made by the due date of the scheme i.e. 31st March 2021.


Read the full text of Office Memorandum dated 7th May 2021 on Clarification regarding LTC Special Cash Package Scheme


No. 12(2)/2020-E.II(A)

Government of India

Ministry of Finance

Department of Expenditure

……..


North Block, New Delhi

Dated 7th May. 2021


OFFICE MEMORANDUM


Subject: Clarification regarding full and final settlement of bills/claims pertaining to LTC Special Cash Package Scheme.


The undersigned is directed to refer to this department OM of even no. dated 31st March 2021 clarifying that submission of bills/claims with regard to LTC Scheme may be entertained and settled by Ministries/Departments not later than 30th April 2021.


2. Queries have been received in this department to extend the date for submission of bills/claims and settlement beyond 30th April, 2021. Keeping in view of the situation existing due to Covid-19 pandemic, it has been decided that submission of bills/claims may be entertained and settled by Ministries/Departments not later than 31st May, 2021. However it is reiterated that payment for the purchases should have been made not later than the due date. i.e. 31st March 2021.


3. This issues with the approval of Finance Secretary.


(Prateek Kumar Singh)

Dy. Secretary to the Government of India


Download Clarification regarding full and final settlement of bills/claims pertaining to LTC Special Cash Package Scheme dated 7.5.21 in pdf format


Also Read:

CBDT Notifies Rules for LTC Cash Voucher Scheme Exemption

Legislative Amendment to LTC Cash Voucher Scheme to Provide Income Tax Exemption without Travelling

Govt Issues 4th Set of FAQs on LTC Cash Voucher Scheme

FM Announces tax-free LTC Cash Vouchers, Special Festival Advance and Other Schemes to Boost Demand

Tax Exemption on LTC Cash Voucher Extended to Private Sector Employees

Is LTC Cash Voucher Scheme Beneficial for Private Sector Employees

FAQs on LTC Cash Voucher Scheme with Government Orders

Legislative Amendment to LTC Cash Voucher Scheme to Provide Income Tax Exemption without Travelling

Exemptions and Deductions available under Old and New Tax Regime after Section 115BAC



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