A further comment disapproving the taxation of EPF withdrawals

My Comment on an article "IRDAI asks finance minister to fix tax anamolies in annuities" published in the economictimes.com dated 04/03/2016


They should not tax any portion of the EPF amount whether principal or interest, whether it is earned after April 2016 or prior to it. 

Why should you punish the new entrants to EPF? Are they not humans? Do they not deserve old age protection? Do you expect them to be better off at their old age than present generations?"

A Comment on linking of tax exemptions and slabs to inflation

My Comment on an article 'Government refuses to link tax exemptions and slabs to inflation, to charge higher taxes" published in the Economic Times dated 11/04/2014 at 12:40 pm.


"Is it not a double benefit to the taxpayer? 

If you link inflation index with tax slabs and minimum exemption limits and accordingly apply differential slab applications for calculating the tax, it will be a double rebate to the taxpayer: once as an increased salary and again as an additional inflation rebate. 

I do not think it to be reasonable from the point of Tax Department."