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No to EPF taxation

The news report titled PM seeks review of EPF tax (March 6) came as a big relief.
The news report titled PM seeks review of EPF tax (March 6) came as a big relief. The government has decided to defer its plan to levy tax on 60 per cent of employees’ provident fund withdrawal, following an intervention by Prime Minister Narendra Modi. Taxing EPF withdrawals can reduce one’s life savings significantly. The government would do well to announce a full rollback of the EPF tax proposals.

Rahul Dagar

Via email

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