Clarification for Leave Travel Concession

Moin. (Manager - Finance & Accounts) (102 Points)

04 February 2008

I have doubts in eligibility basic exemption conditions, calculation of Leave Travel Concession (U/s 10(5)).

1. Employee can avail/claim travel expenses only or boarding, lodging expenses also?

2. If employee can take package of tour from travel agency, it can eligible to claim? (Example: so many travel agencies providing tour packages, in this package including service of travel/boarding/lodging/other charges)

3. Tour/travel limited to India or foreign tour also permitted?

4. Expenses incurred more than the employer proving, eligible for claim? Example: XYZ Rs. 50,000 LTA received (this amount under salary package, he is receiving month wise) from employer for the period of 2 years, but expenses incurred in LTA travel Rs. 60,000l, he is eligible for exemption more than the received amount?

Please suggest with your valuable advice, please send your advice/suggestion to kmoindn @ gmail.com

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Clarification for Leave Travel Concession

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Originally posted by :Guest
"	Dear Sir, Please Send Me rules in detail for leave travel concession.	"

Originally posted by :Guest
"	Originally posted by :Guest " Dear Sir, Please Send Me rules in detail for leave travel concession. " Dear Sir, Govt. is giving the LTC facility to his employees once in 4 year's block in all india tour. Curbing the entitlement, Economy class Normal fare in air, govt. is not making justice. the recent LTC clarification dated 10th Nov, 2008 is ambiguous and need clear cut instruction. I have the following doubts, which may be replied. Sub: Clarification in respect of OM 7(1)/E.Coord/2008 dated 14 th November, 2008 I have applied for LTC advance to visit NE in lieu of Home Town for the block year 2006-07 within the grace period ending 31-12-2008. The sixth pay commission vides OM No. 31011/4/2008-Estt. (A) dated 23 rd September, 2008 has allowed air travel for officers having grade pay 5400 and above on tour/transfer or LTC. The finance ministry vide OM 7(1)/E.Coord/2008 dated 14 th November, 2008 has directed that the LTC travel by air on Cheapest Economy Fare will be allowed. In this regards clarifications on the following points are requested. Whether the cheapest fare means the lowest fare of Economy Class among the airlines or it is the Flexi fare type air ticket. How to book the tickets if the flight timing of cheapest fare does not suit to the individual. For LTC travel to North East vide O.M. No. 31011/4/2007-Estt.(A) dated 2nd May, 2008 and subsequent clarifications dated 14 th May, 2008 in which Full fare will be admissible to the categories of employees indicated therein. In this connection whether the cheapest economy fare is also applicable for LTC to NE. It is requested that the above points require clatification.	"