NO INCOME TAX FOR PENSIONERS!

*🔴NO INCOME TAX FOR PENSIONERS!!!!*

    *DO YOU KNOW WHY?*All retired members* 

               *please initiate* 

*a movement* - 

★ every retired person 

after rendering 

*30 to 36 years of service* to the *Govt or the Dept* where he worked, is entitled for pension as per the applicable & eligible  schemes. Through out the  service, he/she contributes from salary some fractions  unknowingly for such pensions.

◆ Thus salary is different from pension. Hence *Salary* comes under

*income* whereas *Pension* does not come under income. Pension is nothing but employees' factual & notional savings preserved under the control of *Employer*

 but *NOT* a fresh salary.

■■ Therefore Salary is

*liable for income tax.* but *pension* is *not liable for *Income Tax*

                    

✔ *after retirement* 

 *he/she is paid* 

*pension as*

*a superannuation fund* 

for his/her livelihood 

on account of serving 

for so many years. 

● Here a question arises as 

✔ *why Income Tax*

*is levied on pension.* 

✔This is not an 

*income for any*

*services or work.* 

✔This is only 

*a deferred wage* 

by the Deptt 

to the employees who 

have served the Deptt 

for so many years. 

*Then why Income tax* ❓

🎤Raise your voice 

and let it reach the 

*Govt. to discontinue* 

the 

*levy of Income tax*

*on pension.*

           When

*MPs' & MLAs' pension*

*is not taxable*

*why our pension is Taxed*❓👴🏼

Pass on this message 

to *20* of your *friends* 

with request to further pass

Let the 

*Pensioners community*

*& Civil society* 

  know the facts.

🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼

*R.S Varma, IAS* *(Rtd.)*

President Govt.Pensioners

Welfare Association.,

  Alld.