Wednesday, May 31, 2017

IT exemption sought for pensioners


The Madurai unit of Tamil Nadu Retired College Teachers’ Association has appealed to the government to exempt all pensioners from the levy of income tax. In a resolution passed at its executive committee meeting held here recently, the association wanted a rise in ceiling of medical expenses from Rs. two lakh to Rs. four lakh.
In its recommendations to the Eighth Pay Commission of Tamil Nadu, the meeting sought the implementation of new scales of pay/pension with effect from January 1, 2016. Its other demands included fixation of Professor’s scale of pension for all college teachers who had put in a total service of 16 years and pension parity for all pre-2006 retirees of central universities, central government employees and Indian services on the basis of a 2012 judgement of the Supreme Court.

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