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EPF tax controversy: AAP chief Arvind Kejriwal targets Narendra Modi govt

Thu March 03 2016, 7:12 am
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    EPF tax on withdrawal: Delhi CM and Aam Aadmi Party (AAP) chief Arvind Kejriwal attacked the PM Narendra Modi government and accused it of 'dashing' the hopes of the middle class through its proposals to tax Employees' provident fund (EPF) withdrawal – the proposal was made by FM Arun Jaitley in Budget 2016. (PTI)

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    EPF tax on withdrawal: "Spoke to many people. They are very angry. EPF/PPF withdrawals by aam admi taxed, loans of rich waived, black money holders get amnesty (sic)," Arvind Kejriwal tweeted. Thereafter AAP's Delhi convenor Dilip Pandey attacked the government saying that Prime Minister Narendra Modi's "traditional" voter base will abandon him if the Finance Minister does not "roll back" the proposals. (PTI)

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    Attacking the AAP dispensation, he said it is a government of "confrontations rather than constructive work" and added people who came out in favour of those who wanted to break India are today wanting to crush opposition and democracy in Delhi. "They were not bothered about throttling the voice of democracy and freedom of expression. There cannot be a bigger attack on democracy or independence when someone is targeted because he conveyed his critical views through newspaper," he said referring to controversy around Vijender Gupta, one of the BJP MLAs in the Delhi Assembly. (PTI)

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    EPF tax on withdrawal: The reactions came even as the Narendra Modi government, under attack, promised to consider demands for a partial rollback of the proposal to tax 60 per cent of withdrawals from EPF and a ceiling on employers contribution. Revenue Secretary Hashmukh Adhia confirmed the move and said only 60 per cent of interest on contributions made after April 1, 2016 will be taxed and that the principal amount of contribution will remain untouched at the time of withdrawal. (PTI)

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    Uber brings back surge pricing, CM Arvind Kejriwal warns of strong action: On a day the ban on diesel-run cabs came into effect, taxi aggregator Uber on Sunday brought back surge pricing in Delhi, prompting Chief Minister Arvind Kejriwal to warn the operators of "strong action". Uber had introduced the provision during odd-even scheme, which was objected to by commuters and Kejriwal had asserted that such demand-linked hikes would be banned permanently. A day after the second phase of odd-even ended, commuters across the city, who availed the services of the app-based cab firm today, found that surge pricing, where fares are raised when demand is higher than the available cabs, was back. (PTI)

  1. M
    Mitu
    Mar 3, 2016 at 9:27 am
    kabhi to munh band rakh.
    Reply
    1. S
      Sambhav Pandey
      Mar 2, 2016 at 4:26 pm
      Government should do a complete Rollback on tax on EPF.... This is morally wrong and similar to backstabbing the ried cl who are the only authentic direct tax payers of this country.... Also the employees who are earning 15000 will not remain 15000 in 2017.... EPF is one of the major saving of a middle cl ...and of course majority of it don't want it to convert to annuity...what if someone one wants to open a shop, or for their children marriage or for some illness or for some other numerous purpose... First they are forcing the ried cl to put the saving into EPF and then taxing it.... It's literally a very bad decision which is surely going to affect the ried cl which is CORE vote bank of BJP... Instead of improving their failed tool NPS how they are trying to make other retirement tools equally bad to make NPS por. If government doesn't take it back they are definitely going to get the impact of it in 2019 and also in the upcoming state elections.. . If government is not ready to learn from the heavy criticism on this part....then surely no one can help them..
      Reply
      1. S
        Shakti Rath
        Mar 4, 2016 at 10:03 am
        Kyun band rakhe .....mere liye EPF ka tax tu chukayega kya??
        Reply

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