Comments of GS IRTSA on General Budget:

1. The exemption limit for Salary earners should be raised to at least Rs.3 Lakhs;
2. DA & HRA should be exempt from Income Tax - (as recommended by 5th CPC)
3. The exemption limit for Senior Citizens should be raised to Rs.5 Lakhs.
4. The Interest on Senior Citizens Savings Scheme, 2004 should be fully exempted from Tax - to protect erosion of their hard earned life time savings on which they have already paid the Tax - during service.