As pointed out earlier in this blog, there is no justification to tax the withdrawal from Provident Fund, the hard earned funds of the employees. It is inhuman and cruel to steal the funds from those retiring workers, who have deposited the same for utilising after their retirement.
Strong and wide protests have erupted from all sections of workers against this tax proposal. The Central trade Unions have strongly opposed. Most of the newspapers, in their editorials, have criticised the government move.
Accept the mistake Mr. Finance Minister and withdraw the unjustified tax proposal!