Union Budget disappointing for salaried class, says TN government transport staff federation
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The Union Budget 2021-22 has been an enormous disappointment to the salaried class with no reduction given in earnings tax, mentioned joint secretary of Tamil Nadu Government Transport Staff Federation, S. Sampath.
“At a time, when the salary level has fallen for the middle class due to the COVID-19 pandemic, any income tax concession would have been a big relief for them,” he mentioned.
The announcement that individuals above 75 years of age needn’t file IT returns will profit only some folks, he added.
While the demand of the commerce unions has been to merge the 4 nationwide common insurance coverage corporations, the Centre has ignored this with an eye fixed to promote them one after the other, Mr. Sampath mentioned.