The Central Government Employees and the Central Pensioners organisations had demanded that the Income tax Exemption for Pensioners should be raised to Rs. 5 lakhs. But the hope has been denied by the NDA government. It has proposed only a raise up to Rs. 3 lakhs. Cruelty to Pensioners also.
Budget – Income Tax Limit to be Rs. 2.50 lakh, for senior Citizens Rs. 3 Lakh
10 Thursday Jul 2014
Posted General, Parliamentin