Saturday, September 1, 2012

Exemption of Transport Allowance on Income Tax : Enhancement of exemption limit from Rs.800 to Rs.3200

NFIR demanding to enhance the limit of exemption in Transport allowance on Income Tax from the existing level of Rs.800 to Rs.3200 plus Dearness allowance thereon. Already in Departmental Council JCM meeting the Staff Side had agreed to make a reference to the Finance Ministry. A copy of the reference thus made was to be given to the NFIR. Since the copy of reference made to the Finance Ministry has not been received to NFIR, till date whether the said reference, as agreed to, has been made or not. So, NFIR therefore, requests the Railway Board to send copy of reference made to the Finance Ministry early.
Source : CGS Staff News

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