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The bank union has called for a strike in protest against the privatisation of public sector banks.
The Modi government is targeting record capital expenditure next fiscal to pull the economy out of the trough. Additional resources required for that are to be raised through divestment and monetisation.
According to statement protest day to be observed through massive demonstrations/mobilizations at the workplaces, and industrial centres/areas and also burning the copies of the Labour Codes.
The income of up to Rs 2.5 lakh remains exempt from tax. Those earning up to Rs 5 lakh will also face no tax burden as Section 87A provides for a rebate of up to Rs 12,500.
The FM restricted tax-free interest on retirement fund to Rs 2.5 lakh annually but gave tax exemption on Leave Travel Concession subject to incurring of specified expenditure.
Sitharaman said the government's Aatmanirbhar packages totalling Rs 27.1 lakh crore to deal with the COVID pandemic, accelerated the pace of structural reforms.
In content, vision, strategy and action this budget will have to bring at least the heft and vigour of the reforms-oriented presentation by Dr. Manmohan Singh in July, 1991.
Finance Minister Nirmala Sitharaman's plans to divest government control of large companies such as Air India and Bharat Petroleum Corp Ltd failed to make much headway in the current fiscal year because of the pandemic.
Arya won 54 votes to become the mayor while Simi Jyothish of NDA got 35, and Mary Pushpam of UDF, 9.
Mohanlal, a native of Thiruvananthapuram, offered her all the support to make the city a beautiful place.