Finance Minister, Nirmala Sitharaman chairs the meet GST council meeting today

The biggest incentive for employees to avail the LTC cash voucher scheme is that in a four-year block ending in 2021, the LTC not availed will lapse, instead, this will encourage employees to avail of this facility to buy goods which can help their families. The GST Council meets for the third time in a row to discuss the issue of funding the revenue shortfall of states. Earlier in the day, finance minister announced a slew of measures to boost consumer spending in the economy.