State and Central government employees who got a considerable
salary hike recently have pinned hopes on increasing the upper limit up to Rs 6
lakh from the existing Rs 3.5 lakh including Rs 1.5 lakh savings in the Union Budget-2016.
Most of the Central government employees got a good
salary hike and they have crossed tax exemption limit. The 10th pay
revision committee recommendations have boosted the salaries of the central
government employees.
Most of the employees are looking forward to Central
government’s positive decision of increasing upper limit for income tax
exemption.
A state government employee Singaram Udaykumar of
Adilabad town said, even a regular attender is getting Rs 25,000 per month in
the government departments and will be taxed for crossing Rs 2 lakh upper limit
under income tax exemption.
He said the employees are waiting for the hike in
income tax exemption for the last three years but disappointed and added that
even some of the retired employees are also paying income tax for crossing the
exemption limit.
Telangana government led by the TRS has increased
salaries to the state to government employees as it promised during the
agitation and most of the employees got a good hike in their salaries. Now they
are looking for saving options to be within the income tax exemption limit.
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