💨 Abstract

Government employees' unions have welcomed the Centre's proposal to exempt an annual income of Rs 12 lakh from income tax in the Union Budget 2025-26. They believe this reform will benefit a majority of government employees and potentially encourage them to contribute more towards nation-building. The unions also hope this move will be reflected in the recommendations of the 8th Pay Commission.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖