Why pension is subject to income tax
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Pension is earned by a retiree after putting in his best years in the service of the nation. During his service period, the employee is subjected to payment of income-tax on the wages earned. Pension is meant to support a person during his retired days when he cannot earn and is like a sustenance. Then why is this subject to deduction of income-tax?
We draw the attention of the authorities to the plight of retired employees and seek support of all to start this petition for asking the government to exempt the pension earnings from deduction of income tax.
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