New Delhi: The All India Mahila Congress on Saturday afternoon protested outside the Bharatiya Janata Party office against the EPF tax clause in the Union Budget 2016.
Finance Minister Arun Jailtey's proposal to tax EPF was not received well by the general public. The proposal has been facing a lot of flak from all political corners as well.
Meanwhile, Prime Minister Narendra Modi has asked Jaitley to reconsider the budgetary proposal, sources said. According to sources, Modi asked Jaitley to revisit the proposed tax on 60% of Employees Provident Fund withdrawal.
The sources said that an official level meeting was held in PMO on the EPF tax issue two days back, adding that the Finance Minister is likely to make an announcement the exemptions on the floor of House when he replies to budget.
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