Financial budget 2016-17
This year budget is a mixed budget. It is good decession by the Govt introducing tax on withdrawal of EPF. Public never oppose when interest income of PF is increases. Only thing all tax collection should be result oriented.
Along with budget Govt could initiate some source of income for the public other then Govt. employee.
Private employee get maximum of Rs 1000/- to 2000/- pension on PF after 35 years of service life, which is not at all sufficie
nt for a a person. more