The 7th Central Pay Commission came into force from 14th Feb 2014. It is an administrative set up that determine the salaries of government employees. The pay commission also drafts various rules relating to other monetary and non monetary benefits to be provided to the employees of Central Government.
Allowances such as Leave Travel Concession, Children Education Allowance, Conveyance Allowance, Cost of Living Allowance, Daily Allowance, Dearness Allowance (DA), Entertainment Allowance etc. are provided to the Central Government employees by the Central Pay Commission. Leave Travel Concession is provided to facilitate home travels and travel to other parts of the country.
Leave Travel Concession (LTC) is a type of yearly benefit which the employer provides expense for you to travel with your family. Usually, these are mentioned as yearly component but are paid on a monthly basis. To claim this LTC, certain conditions are to be satisfied. Conditions such as the following shall be fulfilled for availing of the same:
- The number of home travel visits allowed under this concession shall be two.
- LTC shall be available every four years.
- An All India visit can be substituted for one home travel visit.
- LTC shall not be available to those employees whose spouses work in the Indian Railways.