What Is The Current LTC Block Year? - Fixanswer

The total number of Litecoin mined by miners per block will reduce from 12.5 to 6.25 LTC in the next litecoin halving. The number of litecoin found per block will become more scarce and this halving reward ensures that litecoin total supply will reach 84 million.

Can we take LTC twice in a year?

(ii) Two LTC in a calendar year is permissible . If the Hometown LTC of the period 2014-15 is availed in grace period in 2016, in the same year, Any Place in India LTC or Home Town LTC of the two year block of 2016-17 can be availed.

How many LTC can be availed in a block of 4 years?

Please check your eligibility before applying for LTC. LTC to Home Town can be availed once in a block of two years and LTC to Any Place in India may be availed once in a four year block. If not availed during these blocks, the LTC may also be availed in the first year of the following block.

What is the LTC rule?

LTC advance can be drawn 60 days before the proposed date of outward journey : – Under Central Government Rules, a Government servant can draw advance in respect of the journey proposed to be performed under the Leave Travel Concession scheme by himself and/or by members of his family 60 days before the proposed date of ...

How is LTA calculated?

Illustration – If the LTA given by the employer is INR 35,000 and actual eligible cost of travel incurred by the employee is INR 25,000, then the exemption will be granted on only INR 25,000 and balance INR 10,000 would be included in taxable salary income.

What will Litecoin be worth in 2025?

What will Litecoin be worth in 2025? Price will likely experience another significant pullback in the years ahead. However, looking at technical factors, there’s a good chance that Litecoin could be valued at around $500 by 2025 .

Does Litecoin have a future?

Litecoin has a bright future as a classic and reliable altcoin . Most investors see Bitcoin as gold and Litecoin as silver. ... In total, only 84 million Litecoin can be mined. Litecoin can be considered a much cheaper and faster alternative.

Is Litecoin better than Bitcoin?

Bitcoin differences. Data source: Litecoin.info. The coin supplies of Litecoin and Bitcoin are capped, with Litecoin’s maximum being four times greater . Litecoin transactions also process in about a quarter of the time as Bitcoin transactions.

Is Tatkal ticket allowed for LTC?

Travel through Premium, Premium Tatkal, or Suvidha trains will be allowed under LTC . The reimbursement of Tatkal or Premium Tatkal charges are also provided for the LTC purpose. Flexi fare applicable on Shatabdi, Rajdhani, or Duronto trains will be allowed if the travel is performed by these trains on LTC.

What is LTC salary?

One of such exemptions available to salaried class under the law and also widely used by employers is Leave Travel Allowance (LTA) / Leave Travel Concession (LTC).

How is LTC amount calculated?

Leave encashment (1,38,500 x 1.17) x10/30 = Rs. ...
Fare Value: Rs. ...
Total Value: = Rs. ...
Amount to be spent for full cash benefit = Rs. ...
(a) Share of Leave Encashment in total = 54,015 X 100 / 2,94,015 = 18%
(b) Share of Fare in total = 80,000 X 100 / 2,94,015 = 27%

Can I travel by private airlines on LTC?

For ease of travel, employees can travel to these areas even by private Airlines. ... He said, such government servants who are not otherwise entitled to travel by Air will also be allowed to travel by Air, under the norms of this scheme, in Economy class by any Airlines, subject to the maximum fare limit of LTC-80 scheme .

How is LTC block year calculated?

For the purpose of LTC, block years are defined for two years starting January 1st of an even year (e.g. 2006) to December 31st of an odd year. Thus the current block year is 2006-07 .

Who is entitled for LTC?

Any employee with one year of continuous service on the date of journey performed by him/his family is eligible. Employees whose spouses are working in Indian Railways/National Airlines are not eligible for LTC.