This could be possible. Reports suggest that Finance minister Nirmala Sitharaman announced measures to stimulate consumer spending and capital expenditure that would generate demand of Rs 1 lakh crore.
These measures include a scheme that offers tax-exempt payment of leave travel concession/allowance (LTC/LTA) to employees without the need for them to travel if the amount is spent as per specified conditions below. This benefit is available until March 31, 2021.
This could be possible. Reports suggest that Finance minister Nirmala Sitharaman announced measures to stimulate consumer spending and capital expenditure that would generate demand of Rs 1 lakh crore.
These measures include a scheme that offers tax-exempt payment of leave travel concession/allowance (LTC/LTA) to employees without the need for them to travel if the amount is spent as per specified conditions below. This benefit is available until March 31, 2021.