Tag: Leave Travel Concession

Government staff cannot claim LTC for foreign trips: SC

The Supreme Court has ruled that Leave Travel Concession (LTC) cannot be claimed by government employees for foreign travel or for long circuitous trips. A...

Government staff must buy cheapest travel ticket to avail LTC

Central government employees will have to follow new rules to avail leave travel concession or LTC, as per the 7th Pay Commission. The Ministry of...

New LTC scheme brings festive cheer to CG employees

We all knew that leave travel concession or LTC was an exemption claimed by employees in the government as well as private sector— under...

AIFR requests similar entitlements for all Railway staff

As per the Seventh Central Pay Commission, all railway employees are to be given the leave travel concession or LTC. However, the condition is...

Central govt employees will not get daily allowances to travel in...

The new rule will be effective from July 1, 2017.

Intel begins layoff, will cut 200 jobs by Jan 31, 2023

Intel, the global chip maker for personal computers, has started to fire employees in California. As per the Worker Adjustment and Retraining Notifications, Intel...

Latest

Oyo to cut 600 jobs as part of organisational restructuring

Oyo is undergoing major restructuring, with some teams being merged and functions being integrated. The hospitality chain is letting go 600 employees, but is...

385 jobs cut at Vedantu, leadership take 50% pay cut

Vedantu, the edtech unicorn, has laid off 385 employees from its workforce, taking the tally of those laid off this year to over 1,000....

1 in 10 employees has experienced violence, harassment at work: Report

Almost one in ten people in employment has experienced physical violence and harassment at work in their working life. A survey wherein people were...

Why do we need a chief encouragement officer?

Encouragement at the workplace is the most underrated concept. Is it necessary? Yes, of course. Is it provided? No, not really. Leaders today also need...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...