No BPS/ SG/pension/I.Tax/018/1
The Arun jaitley ji
Honorable Cabinet Minister for Finance
Government of India
Subject: Pension of ex-Govt employees to be net of Income Tax
With passage of time, the purchase value of pension due to steep rise in the cost of food items, caregivers and medical facilities etc gets substantially reduced. Due to inflation coupled with low interest rates value of their deposits in Banks/Post offices etc too go on reducing year by year adversely affecting the net-worth of Pensioners. Thus compelling them to compromise their standard of dignified living.
Secy Genl Bharat Pensioners Samaj