Raising the Ceiling limit for Senior Citizens, Special deduction on Interest income and more issues: NCCPA get ready to write for Budget 2021-22
REQUEST IMMEDIATE RESPONSE!
BUDGET SESSION COMING
LET US PLACE OUR DEMANDS!
As you are aware they Government has commenced consultation with great people for the preparation of the Budget. Pensioners Associations are not normally consulted. However, that does not debar us from writing letters.
We propose the following:
(i) Raising the ceiling limit for senior citizen;
(ii) Give deduction for the expenses incurred for medicine and hospital treatment, of course on production of the concerned bills; a special deduction on interest income in the light of the fact that the Government has reduced the interest on fixed deposits.
(iii) We also feel that the Government must introduce a special insurance scheme for senior citizens against accidents, hospitalization, illness etc. as the established companies do not provide it and even if they provide they charge exorbitantly for premium.
If you have any suggestion in this regard, kindly intimate us immediately before the final letter goes.
With greetings. yours fraternally, KKN . Kutty, Secretary General, NCCPA