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My pressure did work, says Rahul Gandhi on rollback of PF withdrawal tax

Congress Vice President Rahul Gandhi On Tuesday Claimed That The Government’s Decision Of Rollback Of PF Withdrawal Tax Was The Result Of His Efforts.

News Nation Bureau | Edited By : Bindiya Bhatt | Updated on: 08 Mar 2016, 03:25:22 PM

New Delhi:

Congress vice president Rahul Gandhi on Tuesday claimed that the government’s decision of rollback of PF withdrawal tax was the result of his efforts.

"I felt middle-class people were being hurt by the government, so I decided to put some pressure on the pressure did work," said  Rahul.

The 45-year-old had earlier attacked Prime Minister Narendra Modi over the proposal.

While announcing the Union Budget, Jaitley had proposed that 60% of the amount deposited in the employees’ EPF account would be taxable on withdrawing, while 40% would be tax free and this had to be applicable after April this year.

The proposal was criticised by the government and the salaried class.

"The policy objective is not to get more revenue but to encourage the people to join the pension scheme," Mr Jaitley said in a statement in parliament on Tuesday.  

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First Published : 08 Mar 2016, 02:41:00 PM