November 03, 2020
In a bid to boost consumer spending (among others), the Government of India recently announced LTC [Leave Travel Concession] scheme, under which employees will be paid travel allowance in cash without having to travel anywhere due to the Covid-19 pandemic situation. This scheme requires an employee to invest in white goods & commodities that are 3 times the tax-exemption amount before March 31, 2021. The purchase should attract GST equal to or greater than 12%.
While this is one of the biggest moves by the Indian government in 10 years, you could be wondering on an investment plan that can help you avail this scheme. What’s better than signing up for 25 years of magical holidays with your family, and availing multiple benefits other than just the LTC scheme? That’s hitting multiple birds with a single stone.
How you can use this LTC scheme to your advantage – Travel more!
At Club Mahindra, we couldn’t be happier with the LTC travel allowance announcement. We’re offering a wonderful opportunity to all Central Government and non-central government employees to invest in travel instead of purchasing other consumer durables that you don’t need right away. This is your chance to grab an exclusive Club Mahindra membership that guarantees splendid holidays in India and abroad for 25 years, while also getting numerous other benefits on signing up.
Think about it: Your travel plans for the year were probably scuppered with the COVID-19 lockdown. Now that most states have ‘unlocked’, you and your loved ones can start to make holiday plans again. And you couldn’t find a better partner than Club Mahindra if you’re looking for memorable holiday experiences in India and around the world.
Here’s what Club Mahindra offers exclusively to Central Government employees: Buy a Club Mahindra membership to avail the LTC scheme and get a gold voucher worth upto ₹ 2 Lakhs:
(i) On purchase of CMH 25 [Club Mahindra Holiday 25 years Membership] you will get the promised tax-exemption on LTC component without having to travel and also, avail a gold voucher worth ₹ 2 lakhs.
(ii) With CMH 25 Membership, you & your family can enjoy holidays at 100+ Club Mahindra resorts.
(iii) Also, the gold voucher you receive while you sign- up, can be redeemed at any time.
Club Mahindra offers 25 years of holidays in the most beautiful hotels and resorts, the best destinations, and thoughtfully curated experiences. Start by reading some Club Mahindra reviews to know what our members are saying about us.
Here are the benefits you’re signing-up for when you grab our exclusive LTC offer:
1. 7 nights of holidays every year in over 100 resorts in India and abroad. Club Mahindra also offers over 170 partner hotels and resorts, and over 4,300 RCI affiliated resorts all over the world.
2. 1000+ unique experiences curated for family & kids
3. You don’t need to pay the entire membership fee upfront – avail of our special EMI scheme starting from just
4. Door-step facility for stress-free holidays planning experience during the Covid times. We have partnered with several brands for services such as Zoom Car, airport shuttle, Covid insurance, car sanitization at resorts and more
5. Flexibility to upgrade your membership as the size of your family grows.
6. The room sizes in our hotels and resorts are 2x larger than what others offer
7. Enjoy other exclusive member benefits, such as cruise holidays, golf course experience and more, with Club M Select.
Get the Club Mahindra advantage today
We hope you take advantage of this exclusive LTC scheme offer to gift yourself and your loved ones the best holidays for a lifetime! Join Now!
Mahindra Holidays & Resorts India Ltd. (MHRIL), a part of Leisure and Hospitality sector of the Mahindra Group, offers quality family holidays primarily through vacation ownership memberships and brings to the industry values such as reliability, trust and customer satisfaction. Started in 1996, the company's flagship brand ‘Club Mahindra’, today has over 250,000 members , who can holiday at 100+ resorts in India and abroad.