UNION GOVERNMENT TOTALLY EXEMPTS RAILWAY PASSES FROM INCOME TAX
The Union Government has decided
to totally exempt the privilege passes and privilege ticket orders
(PTOs) of railway employees from income tax. With this decision,
the railwaymen including the officers will not have to pay income
tax on the value of their privilege passes and PTOs. The decision
was conveyed by the Finance Minister, Shri Yashwant Sinha to the
Railway Minister, Shri Nitish Kumar when the latter met him last
night to discuss the issue. The Railway Minister announced the
information in a meeting with the representatives of Railwaymen’s
Organisations and Federations here today.
The representatives expressed
gratitude towards the Minister for his earnest efforts in settling
the issue in favour of railway employees. They also conveyed their
thanks through the Railway Minister to the Finance Minister for
accepting the railwaymen’s genuine demand. The representative
who met the Railway Minister included Shri U.M. Purohit, President,
All India Railwaymen’s Federation (AIRF); Shri J.P. Chaubey, General
Secretary, AIRF; Shri K. Hasan, Secretary General, Indian Railway
Promotee Officers Federation (IRPOF); Shri Ved Prakash of National
Federation of Indian Railwaymen (NFIR); Shri Indra Ghosh, General
Secretary, Federation of Railway Officers Association (FROA) and
Shri U.S. Jha, General Secretary, All India RPF Association.
