• Skip to main content
  • Skip to primary sidebar
  • Home
  • AICPIN
    • AICPIN for June 2022
  • Jan 2023 DA Calculator
    • Expected DA from January 2023 Calculation
  • Pay Matrix
    • 7th CPC Pay Matrix Table
  • Holidays 2022
  • Salary Calculator 2022
  • Contact Us
Gservants News

Gservants News

Latest Central Govt employees news today and 7th CPC pay matrix

Revised 7th CPC Pay Matrix
7th CPC Pay Matrix Level 1 to 5
7th CPC Pay Matrix Level 6 to 9
7th CPC P Matrix Level 10 to 12
7th CPC P Matrix Level 13 to 14 
7th CPC P Matrix Level 15 to 18
Right time to demand the constitution of 8th Central Pay Commission
Expected DA Calculator from January 2023
New Salary Calculator for CG Staff
Fitment Factor 3.68 and Minimum Pay Rs.26000
Fitment Factor and Pay Matrix Table

LTC Special Cash Package Final Claim Confusion

March 23, 2021 G. Buvaneswari

The LTC Special Cash Package Scheme was announced by Ministry of Finance on 12.10.2020 . Later many Clarifications were issued one by one by the DoE which led to many confusion in submitting the bills for Final claims.

LTC Special Cash Package Order issued on 12.10.2020

First Clarification on 20.10.2020

Additional Clarification on 4.11.2020

Second Clarification on 10.11.2020

Third clarification on 25.11.2020

Fourth Clarification on 10.3.2021

The Scheme is valid only for 6 Months from 12.10.2020 to 31.3.2021. But altogether 5 Clarification were issued in different dates during this period. It is evident that these clarifications, instead of giving clarity, made this scheme very difficult to avail. The Employees who decided to avail this scheme left with more confusion in submitting their final claim. All the Claims to be settled before 31.3.2021. But the last Clarifications was issued on 10.3.2021.Initially the scheme was not very particular about mode of payment. But later the clarification issued on 10.11.2020 and 10.3.2021 says that the mode of payment to be digital.

The purpose of announcing the scheme as per the Finance Ministry is to increase the spending in the Market and to increase the GST revenue. But so many conditions were brought into effect to avail this scheme after products were purchased and obtained GST Bills for final Claim.

Initially it was told that purchasing Goods and Services which attract 12% GST and above is enough to claim under this scheme. Then so many restrictions were imposed

1.People thought that Insurance Premium which attracts 18% GST is Ok and purchased and obtained GST Bills. Then Clarification comes that Premiums of Existing Policy will not be allowed, Fresh Policy to be purchased.

2. Employees those who purchased Vehicles thought that Vehicle Registration Certificate and Insurance everything are in my name and it is too new purchase.So it will be allowed. Later comes clarification that Payment to be made through digital Mode.

The above examples shows that how this scheme become difficult for employees to get reimbursement after they spent their hard earned money for purchasing the items which attracts 12% GST and above.

The National Council JCM needs to take up this issue to the Government and necessary clarification to be issued to settle the LTC cash Package Claims by relaxing the conditions.

Related posts:

  1. Bills for LTC Cash Package in the name of Family Members
  2. LTC Special Cash Package Clarification FAQ 3
  3. Bills for LTC Special Package scheme are to be submitted before 31.03.2021
  4. LTC Special Cash Package Clarification Dated 10.3.2021

TYPE HERE THE RELATED WORD AND SEARCH ORDERS

Reader Interactions

Comments

  1. SK says

    March 24, 2021 at 15:25

    It is not worth to avail this LTC special cash benefit because whatever amount sanctioned to you is taxable and you need to spend 3 times the amount. Finally, you will end up in buying unwanted products and burden you with hefty credit card dues.

Leave a Reply

You must be logged in to post a comment.

Primary Sidebar

Latest 7th CPC Calculators

New Salary Calculator 2023
Promotion Pay Fixation Calculator
7th CPC Gratuity calculator
In hand Salary calculator 2023
DA Calculator from July 2023
7th CPC Pension Calculator
7th CPC Commutation calculator
CGEGIS Benefits Calculator
Night Duty Allowance Calculator

7TH CPC PAY MATRIX

7th CPC Pay Matrix Level 1 to 5
7th CPC Pay Matrix Level 6 to 9
7th CPC P Matrix Level 10 to 12
7th CPC P Matrix Level 13 to 14 
7th CPC P Matrix Level 15 to 18

Central Govt Holidays 2023

Central Govt Holidays 2023
Compulsory Holidays and Restricted Holidays 2023

Latest DA and DR News

Expected DA Calculator from January 2023
18 Months DA Arrears Latest News 2023
DA Arrears Loss Calculator for 18 Months
DR Loss calculator for Freezing Period

LTC Eligibility and Block Year

LTC Rules for New Recruits
Current LTC Block is 2022-2025
LTC Block Year 2018-2021
LTC Carry Forward 2018-2021
LTC FAQ for New recruits
LTC by Air Travel guidelines
LTC by Air to NER, JK and AN
LTC 80 Air Fare Latest
Booking LTC Air Tickets

© 2010–2023 . gservants.com by Gservants News-Central Government Employees News