NEW DELHI: Constitution of the 8th pay commission, increase in tax rebate for salaried class and restoration of the old pension scheme are some of the key demands made by trade union leaders during a pre-Budget meeting with FM Nirmala Sitharaman on Monday. The unions also asked the government to stop the privatisation drive of PSUs.
“The ceiling limit for the income tax rebate for the salaried class on their salary and gratuity must be substantially raised.Govt-sponsored social security fund for the unorganised workers and agricultural workers has to be set up to provide them with defined universal social security schemes, including minimum pension of Rs 9,000 per month and other medical, educational benefits,” CTUs said in their memorandum.
Besides, they have sought that all the existing vacancies in the central government departments and PSUs must be filled immediately and the practice of contract and outsourcing should be stopped. They further said resource mobilisation has to be done by increasing the corporate tax, wealth tax and introducing inheritance tax instead of burdening common masses with the GST on essential food items and medicine. agencies
“The ceiling limit for the income tax rebate for the salaried class on their salary and gratuity must be substantially raised.Govt-sponsored social security fund for the unorganised workers and agricultural workers has to be set up to provide them with defined universal social security schemes, including minimum pension of Rs 9,000 per month and other medical, educational benefits,” CTUs said in their memorandum.
Besides, they have sought that all the existing vacancies in the central government departments and PSUs must be filled immediately and the practice of contract and outsourcing should be stopped. They further said resource mobilisation has to be done by increasing the corporate tax, wealth tax and introducing inheritance tax instead of burdening common masses with the GST on essential food items and medicine. agencies
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Industry lobby groups CII, PHDCCI, and Ficci demand personal tax benefits for the middle class, simplification in direct tax regime, and lower excise on petrol and diesel during a meeting with revenue secretary Sanjay Malhotra.
