Trade Unions want income tax exemption limit to be hiked to Rs 5 lakh
NEW DELHI: Trade Unions have pitched for an hike in personal income tax
exemption limit to Rs 5 lakh and minimum wages to Rs 18,000 in the
upcoming Union Budget.
Trade union representatives gave their wish list to Finance Minister
Arun Jaitley that emphasized on steps in the next Budget to create more
jobs and employment opportunities.
Other suggestions include, more focus in the Budget on social security
schemes for the workers, especially those working in unorganised
sectors, according to a finance ministry statement on Saturday.
Hon'ble Finance Minister Shri Jaitley said that one of the major
priorities of the government is to ensure that benefits of Social
Security Schemes reach to every section of workers including those
working in the unorganised sector. He said that the government is
sensitive about the workers' welfare and would take all possible.
