Rahul Gandhi demands rollback of proposed EPF withdrawal tax

Congress vice-president Rahul Gandhi on Thursday demanded that the government should withdraw the proposal for taxing employee provident fund withdrawals.

“EPF is the safety net of the employees and imposing a tax on this is wrong. I will urge the Prime Minister to announce… that the tax will be rolled back,” Gandhi said.

He said that Modi should instill confidence in the employees and voters by withdrawing the proposal.

The total portfolio under the pension and provident fund scheme is estimated to be around Rs 6.5 lakh crore.

Taking a jibe again at the government’s proposed amnesty scheme on black money, announced by Jaitley in the Union Budget for the next fiscal, the Congress vice-president said that the relief should be given to the employees and not to the “thieves.”

“I had said yesterday that you (Modi) have given the fair and lovely scheme to thieves. (Instead) Our voters and employees should get relief,” he added.

http://timesofindia.indiatimes.com/india/Rahul-Gandhi-demands-rollback-of-proposed-EPF-withdrawal-tax/articleshow/51238999.cms