NFIR
of IndianRailwaymen National Federation ROAD,NEWDELHI- 110055 3, CHELMSFORD Affiliated to It Indian NationalTradeUnion Congress(INTUC) InternationalTransportWorkers'Federation(tTF) No. IV/Bud gtnuftfl
Dated:05103/2016
Shri Narendra Modiji Hon'ble Prime Minister of India, 152,SouthBlock, RaisinaHill N e w D e l h i- 1 1 0 0 1 1 RespectedSir, Sub:
'
Serious resentmentamong employeesagainst Budget proposal to levy Income Tax on withdrawalof 60yoof provident Fund - reg. *******{<*
The employees in general and Rail Workforce in particular are extremely unhappy over the Budget"proposalpresentedby the Hon'ble FinanceMinister to impose Income Tax on 60%o of Provident Fund withdrawals. This proposal if enforcedwould .u.tp harm to the workers at their fag end of serviceon superannuation. . Hon'ble Prime Minister may please appreciatethat the employee withdraws his/trer legitimate Provident Fund for meeting the requirementsof Children Education,Constructionof house or for the purpose of performing marriagesof children. Levying Income Tax on these withdrawals that too when the Provident Fund amount is recognizedto be the property of the worker, would be unethical.The employeesare deeply disappointedover the Budgeiproposalto imposeIncome Tax on P.F. withdrawal. NFIR, therefore appealsto the Hon'ble Prime Minister to kindly intervene and seethat the above proposal is reconsideredand withdrawn in the interest of industrial peace in the Country.
Yours si
9oPy tg !h.i Arun Jaitley,.Hon'ble FinanceMinister, Governmentof India, North Block New Pelhi-l10-00-Lfor information and necessaryaction please. Copy lo th-eSecretary.{ .Slq"-" Secretary.Departmentof Expenditure,Governmentof India, North Block New Delhi I 10001for information ind necessaryaition please. Copyto the GeneralSecretariesof affiliated Unions ofNFIR. Media CentreA.{FIR.. File No. Il/95/PanYlil.
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