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| NMC demands income tax exempt from DA | | |  Early Times Report
JAMMU, Nov 20: President of the National Mazdoor Conference (NMC) Subash Shastri today demanded exemption of Dearness Allowance from the ambit of income tax as this is linked with price index
" Price escalation is directly linked with the Dearness Allowance of the salaried class and pensioners but it was strange that the income tax is also imposed on the increase of the salaries because of DA",Shastri said this while addressing NMC activists meeting here.NMC chief also asked Union Finance Minister to reconsider the practice,
Pleading the cause of both central/states governments employees and pensioners regarding revoking of decision of the Central Govt. with regard of freezing of release of DA installments till June 2021 in favor of both central/states and UTS. Employees and pensioners, Shastri also appealed to the Prime's Minister, Union Finance Minister and Minister of State Finance to re-consider the decision, since the installments of the dearness allowance (DA) are additional supporting financial assistance to cope up the additional burden day to day rising prices of essential commodities and COVID-19 pandemic. "Reconsideration of the earlier decision of the Central Govt. has so become in evitable, dearness relief is not wage increase its just a compensation against the erosion of real wages and the cost of living," Shastri added. Stressing on the need of challenges being faced by the government employees and pensioners due to on going COVID-19,Shastri pointed out the salaried class of the country are the fore front of battle against COVID-19,risking their safety and life are doing ordinary service to the nation by taking enormous risk adding that freezing of DA will severely impact life and living of salaried class and pensioners. |
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