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Partial Rollback of taxing EPF withdrawal Proposal expected

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9 years ago

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taxNew Delh:Following widespread concern over the proposed tax on withdrawal from the Employees’ Provident Fund (EPF) contributions, the goverenment is contemplating to give relief to people but without a complete rollback, said informed sources.

According to sources, a meeting between the officials of Prime Minister’s Office (PMO), the finance ministry and the labour ministry took place on late Thursday and discussed the EPF tax issue.

The RSS-affiliated Bharatiya Mazdoor Sangh (BMS), which has also opposed the proposal and demanded a complete rollback, also said that government is considering their demand.

“We are talking to government representatives and they are considering our concern. We are in regular touch with them. We hope some announcement in a day or two,” BMS general secretary Vijesh Upadhyay told IANS.

The BMS leaders have met Labour Minister Bandaru Dattatreya, Power Minister Piyush Goyal and some other government representatives in this regard.

Finance Minister Arun Jaitley is likely to make the announcement when he replies to the debate on the Budget in parliament.

In his budget speech on February 29, Jaitley said that 60 percent of withdrawals from the provident fund accounts will be taxed on contributions to be made after April 1. The aim is to make India a more insured and pensioned society, he said.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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