Wednesday, January 24, 2018 Last Updated 2 Min 59 Sec ago Malayalam Edition
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Thursday 11 Jan 2018 01.21 PM

Salaried class shouldn't be paying taxes, says Bharatiya Mazdoor Sangh

Salaried class, Taxes, Bharatiya Mazdoor Sangh

RSS affiliated labour union chief has said what every salaried person wants: to not pay taxes. Brijesh Upadhyay, general secretary of Bharatiya Mazdoor Sangh, said salaried class employees shouldn’t be paying taxes. He said that such a thing can be achieved if only best practices are followed.

The rules and regulations in India are such that we make the salaried class pay taxes, which shouldn’t be the case. What businessmen earn is income which is subject to taxation, what salaried class earns is remuneration in exchange of services provided. This shouldn’t be taxed,” said Upadhyay.

In the Budget 2016, Finance Minister Arun Jaitley slashed income tax rate to 5% from 10% for the income slab between Rs 2.5- 5 lakh per year. While those earning up to Rs 5 lakh were the major beneficiaries of this move, other taxpayers too got a benefit of Rs 12,500.

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