NFIR has made a list of all the proposals that Central Government employees expect in the 2014-15 General Budget.

On the 11th of this month, Mr. Raghavaiah, the General Secretary of NFIR, sent a letter to the Finance Ministry, containing certain proposals that are worth considering.

The letter contains nine points that deserve serious consideration from the Ministry. These points were formulated based on the needs and demands of about 34 lakh Central Government employees, including 14 lakh Railway workers.

Income tax exemption should be raised to Rs. 5 lakhs for individuals and Rs. 7 Lakhs for senior citizens.

The 7th CPC should be instructed to submit an Interim Report on the DA Merger.

Maximum bonus limits should be raised to Rs. 10,000.

The New Pension Scheme must be discarded in accordance to the request by the Railway Ministry.

Additional pension must be granted to pensioners over the age of 70.

The longstanding demand, for exempting Transport Allowance from Income Tax calculations, must be granted.

MACP Scheme should also be extended to teachers and lecturers working in Central Government institutions.

Earned Leave and LAHP should be granted to teachers and lecturers working in Central Government institutions.

All allowances should be exempted from income tax calculations.

Source: http://90paisa.blogspot.in/
[http://90paisa.blogspot.in/2014/06/general-budget-2014-15-nfir-presents.html]

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A letter has been written to the Finance Minister presenting the demand to raise the income tax exemption slab.

Mr. Siva Gopal Mishra, the Secretary of the National Council JCM Staff Side, has sent a letter regarding income tax exemption. In the letter to the Finance Minister Arun Jaitley, it was suggested that the income tax limits be raised to Rs. 5 Lakhs for individuals, Rs. 7 Lakhs for senior citizens, and Rs. 10 Lakhs for super-senior citizens. A request has also been presented to exempt all the allowances from income tax. The letter refers to the recommendations made by the 5th Pay Commission in order to explain its demands.

The letter specially stresses for the exemption of Fixed Medical Allowance granted to pensioners, from the income tax calculations.

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