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Clarification regarding purchase of Air Tickets from Authorized Travel Agents for the purpose of LTC - Dopt Orders June 2014

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Clarification regarding purchase of Air Tickets from Authorized Travel Agents for the purpose of LTC - Dopt Orders June 2014

F.No. 31011/4/2014-Estt (A.IV) 
Government of India 
Ministry of Personnel, Public Grievances and Pensions 
Department of Personnel and Training 
North Block, New Delhi-110 001 
Dated: 19th June, 2014 
OFFICE MEMORANDUM 

Subject: - Clarification regarding purchase of Air Tickets from Authorized Travel Agents for the purpose of LTC. 

The undersigned is directed to refer to the instructions issued from time to time on the above noted subject and say that the Government employees are required to book their air tickets directly from the airlines (Booking counters, website of airlines) or by utilizing the service of Authorized Travel Agents viz. 'M/s Balmer Lawrie & Company'. 'M/s Ashok Travels & Tour' and 'IRCTC' (to the extent IRCTC is authorized as per DoPT O.M. No.31011/6/2002-Estt.(A) dated 02.12.2009) while undertaking LTC journey(s). 

Budget 2014 – CII suggests raising 80C deductions to Rs. 2.5 Lakhs

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Budget 2014 – CII suggests raising 80C deductions to Rs. 2.5 Lakhs

In its Pre-Budget wish list regarding Income Tax 80C, the Confederation of Indian Industries (CII) has suggested to the Finance Ministry that the consolidated deduction under 80C be raised from Rs. 1 lakh to Rs. 2.5 lakhs.

Most Central Government employees have savings schemes that are linked with General Provident Fund. Under this scheme, the employee not only gets interest for the money saved, but also enjoys the option to withdraw the money whenever required. The money is also entitled to exemption under Section 80C. It has to be mentioned here that new employees (appointed on or after 2004) do not have this option.

If the Income tax deduction is raised from Rs. 1 lakh to Rs. 2.5 lakh under Section 80C, then there are possibilities that savings will increase among the employees.

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