scorecardresearch
Thursday, July 24, 2025
TopicLTC

Topic: LTC

Income tax dept extends LTC tax exemption to non-central govt employees

The payment of cash allowance, for a maximum of Rs 36,000 per person as deemed LTC, is being extended to employees of state governments, public sector enterprises, banks and private sector.

Ministry of external affairs mulls extending leave travel privilege to Central Asia

Earlier this year, the Centre announced that it had shelved a 2015 plan to include SAARC countries in the travel scheme for government employees.

Modi govt wants good ties with SAARC nations, but won’t pay for employees to vacation there

The proposal was introduced in 2015 to boost tourism and cooperation, and subsequently economic development, in the region.

On Camera

Defence, tech, education—Modi’s visit will boost India-UK ties

Given the immediate challenges on India’s borders, cooperation in the defence sector with partners such as the UK has achieved greater importance.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Indian firm sets up titanium, superalloy plants to meet global need. Safran, Dassault, BAE line up

PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.