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Showing posts with label income-tax exemption. Show all posts
Showing posts with label income-tax exemption. Show all posts

Tuesday 19 May 2009

Engieerrs demand hike in I-T exemption

Welcoming the victory of the Congress in the Lok Sabha elections, the Bihar Engineering Services Association has demanded that the income-tax exemption be raised up to Rs 3 lakh for general salaried people and Rs 3.5 lakh for women employees on the ground that two months of their salaries are paid into the I-T account every year.

Despite a fall in the price index, the prices of essential commodities have gone up beyond paying capacities and therefore they have little in hand for other essential expenses at home, engineers feel.

Moreover, the 6th Pay Commission has categorised the pay-scale of both the assistant engineers and executive engineers under pay band-3 and those of superintending engineers, chief engineers as well as engineer in-chief under pay band-4.

The association has demanded a reform in the pay structure, according to the zonal secretary and state organizing secretary, Ram Swarath Sah.link