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Please explain what is LTC(leave travel concession)? Why it is given by emploer to employee? Please dont explain the exemption limits regarding LTC. I just want to understand the meaning of LTC and purpose for giving by the employer to employee...........

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Actually Leave travel concession (LTC) is just a facility which is provided by the employer to his employee to go any where in India either home town or just for a personal tour with the family.  I don't think, is there any special purpose behind such facility ? It is just for entertainment of employees and nothing else.  

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