Pension pangs
Stricter norms for subscribers withdrawing money from PF triggered a law and order situation in Bengaluru.
Stricter norms for subscribers withdrawing money from PF triggered a law and order situation in Bengaluru. To target the working and middle classes in the face of rising prices, while letting the rich have their way has exposed the government’s discriminating policy. It was heartening that the government beat a hasty retreat from a proposal to tax 60 per cent of the EPF withdrawals and to restrict the withdrawal of the employer’s contribution till the age of 58 years.
C. Koshy John
Pune
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