Tag: LTC

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...

LTC cash voucher scheme for non-CG staff too

Staff of state governments, state-owned enterprises and private sector will now be able to enjoy the leave travel concession (LTC) cash voucher scheme, which...

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...

ExxonMobil hikes pay for CEO, CFO, senior VPs

Exxon Mobil Corp XOM.N has decided to raise the base salaries — that make up 10 per cent of overall compensation — of its...

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Outshiny India to provide 1000+ jobs in next 2 years

Outshiny India, a Bangalore-based manufacturing company, has announced its plans to inaugurate two more factories in Hosur, Tamil Nadu and Channapatna, Karnataka. The move is aimed...

Marico prepares to hire people with career breaks

Inspired by some real-time stories at Marico, the Company has come up with the Phoenix programme which focuses on giving an opportunity to people...

Hiring activity grows 27% in Nov., reaches pre-festive level: Report

The Indian job market bounced back to pre-festive levels in November. As per a leading job portal, the country’s premier job index emerged at...

1500 TN education staff not paid salary for 2 months

In the month of October, after creating the new posts of district education officer (DEO) for primary, secondary and private schools, staff such as...

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EQ, IQ & empathy define the success of a CEO

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

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“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...