Restriction on withdrawal ofEmployers Contribution
I am really amazed at the Govt taking this decision. It will hit the working middle class hard. Especially in the private sector as job security is not guaranteed.
From being a Modi supporter, my support gradually declined. He just rode on his Social media propaganda and his insane LUCK on the surprising fall in the crude oil prices.... The govt's steps with respect to working middle class is not enough. Given the scenario, Congress would have done better with its populist( Socialist) mindset. Its a different matter they (Congress) messed up big time. Now this step of blocking our hard earned deposits is the final nail in the coffin. I am out of the Modi "halo". No its not working any more. I am not a Modi basher. But the govt hurt me. They could have done so much better.
BTW I supported Modi not BJP.
This is such a wrong step by the Govt. more
From being a Modi supporter, my support gradually declined. He just rode on his Social media propaganda and his insane LUCK on the surprising fall in the crude oil prices.... The govt's steps with respect to working middle class is not enough. Given the scenario, Congress would have done better with its populist( Socialist) mindset. Its a different matter they (Congress) messed up big time. Now this step of blocking our hard earned deposits is the final nail in the coffin. I am out of the Modi "halo". No its not working any more. I am not a Modi basher. But the govt hurt me. They could have done so much better.
BTW I supported Modi not BJP.
This is such a wrong step by the Govt. more
Viewed by 27
Restriction on withdrawal of Employers Contribution cannot be termed as an welcome move. I am worried about middle class Indians. Not High Salary earners. India is not made up of high salary earners but hard working low-middle salary earners. more
Mar 01
Change in the tax treatment of EPF is bring uniformity in the tax treatment of NPS, Annuity Scheme and EPF to check tax arbitrage and tax avoidance for high salary earners. This is a welcome move and should be well received. more
Mar 01
In my opinion , the Budget by NDA government this year is wisely set at the interest of the Nation particularly to address the majority of the innocent Citizen . The comprehensive study in toto disclose this issue in over all dimension please . The issue of P.F. withdrawals / loans is needed to be such to be addressed with the requisites for Marriages , Health and Medicare of the Family . This prime shall not be bypassed to private money lenders or the loans from the Banks . Further , 1. The priority issue of increasing livelyhood in Rural and Urban areas that also bridge-up Economy in the Country is well preferred in the Budget . 2. The Tax plan in reduction and increase in the perfectly planned Sectors is also appropriately covered keeping in view the various status of Citizen . 3. The Application of Funds for improving overall development in general Sector also selectively addressed . 4. THE ISSUE OF EDUCATION UPTO INTERMEDIATE LEVEL AND , THE ABOVE IS TO BE SEPARATELY AND WISELY TO BE ADDRESSED TO HELP THE COMMON AND THE POOR CITIZEN WHO ARE REALLY STRIVING TO EDUCATE THEIR CHILDREN INSPIRING THE INDIVIDUAL STATES TO REALIZE THIS BASIC NEED OF THE COUNTRY please . more
Mar 01
