I think it is morally wrong and politically bad to tax 60% Provident Fund savings. For millions this is all they have in old age. #देशकाबजट— কাঞ্চন গুপ্ত (@KanchanGupta) February 29, 2016
#Budget2016 60% of PFcorpus created by employees after April taxed when she withdraws money.Younger the employee, worse off she would b 1/2— Derek O'Brien (@quizderek) February 29, 2016
If 60% of new PPF withdrawals are taxed, govt will lose credibility amongst salaried people. Appalling decision #Budget2016— Minhaz Merchant (@minhazmerchant) February 29, 2016
Modi Sarkar on EPF tax tries to needle the middle class; hardly a riddle though, but will not fiddle with crony capitalist friends.#Budget— Sanjay Jha (@JhaSanjay) February 29, 2016
#Budget2016 FM proposes that, for the 1st time, 60% of all pension & PF withdrawals will be taxed! Direct Attack on the Middle Class.— CPI (M) (@cpimspeak) February 29, 2016