!-- Whatsapp Share Buttons Start -->

Latest Updates / Blogroll

.... AIPEU GROUP - 'C' IS TO CONDUCT ALL ITS STRUGGLE PROGRAMMES UNDER THE BANNER OF POSTAL JCA ....

.... THE JCA SUBMMITTED THE MEMORANDUM TO 7TH CPC ON 23.7.2014 ....

…. NFPE & GDS (NFPE) FILED A CASE IN SUPREME COURT PRAYING : IMPLEMENTATION OF 1977 JUDGEMENT AND DECLARE GDS ARE CIVIL SERVANTS & SCRAP THE GDS (CONDUCT & ENGAGEMENT) RULES 2011 AS THEY ARE INVALID AND UNCONSTITUTIONAL ....

…. SUPREME COURT DIRECTED THE CASE TO DELHI HIGH COURT .. FIRST HEARING WAS ON 13-01-2014 AND PLEASED TO SERVE NOTICE TO GOVT. & DEPARTMENT....

.... NEXT HEARING ON 07-05-2014 NEXT HEARING ON 07-05-2014 ....

APPEAL

APPEAL

UNION SUBSCRIPTION

.... AIPEU GROUP - 'C' UNION SUBSCRIPTION DETAILS ....

.... ALL INDIA UNION / CHQ QUOTA = RS 13 + CIRCLE UNION QUOTA = RS 12 + DIVISIONAL / BRANCH UNION QUOTA = RS 25, TOTAL = RS 50....
.... AIPEU POSTMEN & MTS UNION SUBSCRIPTION DETAILS ....


.... NFPE = Rs 2 + ALL INDIA UNION / CHQ QUOTA = RS 10 + CIRCLE UNION QUOTA = RS 10 + DIVISIONAL / BRANCH UNION QUOTA = RS 18, TOTAL = RS 40....

DHENKANAL POSTAL DIVISION AT A GLANCE

Saturday, May 23, 2015

Trade Unions Question TDS on PF Withdrawals, Want Order on Hold

Opposing the government's decision to deduct tax at source on pre-mature PF withdrawals, trade unions today said they will ask the Labour Ministry to put the EPFO order in this regard on hold. 

In a notification issued yesterday, Employees' Provident Fund Organisation (EPFO) said it will deduct TDS from June 1 on PF withdrawals where accumulations are over Rs 30,000 and the employee has worked for less than five years. 

"We will oppose the government's move of deducting TDS (Tax Deducted at Source) at PF withdrawals. We have decided to write to the Labour Minister for keeping this notification in abeyance," All India Trade Union Congress Secretary D L Sachdev told PTI. 

Another EPFO trustee and Hind Mazdoor Sabha Secretary A D Nagpal said, "We had opposed this move earlier also. Even the EPFO had proposed to exempt cases where accumulations were less than Rs 2,00,000. PF withdrawals should not be taxed." 

In the current scenario, the PF withdrawals are treated as taxable income if the cumulative service period of a subscriber with present as well as former employers is less than 5 years. 

"Earlier, many regional heads were not deducting the tax on such PF withdrawals where service period was less than five year. Thus, EPFO got notice of tax demand to many field offices in these cases. The limit of Rs 30,000 is provided under the notification to provide some relief to marginalised people," a senior official said. 

"Earlier, there was no exempted slab for PF withdrawals for subscribers with less than five years of service. But now, it's provided in the notification," the official added. 

Centre of Indian Trade Unions President A K Padmanabhan, an EPFO trustee too, said, "While the government is giving so many concessions to investors and industrialists, it is injustice to workers. It's wrong to tax PF withdrawals." 

According to the EPFO circular, TDS will be deducted at 10 per cent provided PAN is submitted. 

However, Forms 15G or 15H if submitted won't entail TDS. These are declaration that the income won't be taxable after receiving payment of PF accumulations from the EPFO.

0 comments:

Post a Comment

IS GENERATOR FUNCTIONAL AT YOUR POST OFFICE ?

IS EARTHING DONE AT YOUR POST OFFICE ?

IS UPS FUNCTIONAL AND GIVING BACK UP AT YOUR POST OFFICE ?

IS THERE A SEPARATE SERVER COMPUTER AT YOUR POST OFFICE ?

IS CASH COUNTING MACHINE AVAILABLE AT YOUR POST OFFICE ?

IS VACUUM CLEANER AVAILABLE AT YOUR POST OFFICE ?

IS THERE ANY SECURITY WATCHMAN AT YOUR POST OFFICE ?

IS FAKE NOTE DETECTOR AVAILABLE AT YOUR POST OFFICE ?

About

ALL THE INFORMATION PUBLISHED IN THIS WEBPAGE IS SUBMITTED BY USERS OR FREE TO DOWNLOAD ON THE INTERNET. I MAKE NO REPRESENTATIONS AS TO ACCURACY, COMPLETENESS, CURRECTNESS, SUITABILITY OR VALIDITY OF ANY INFORMATION ON THIS PAGE AND WILL NOT BE LIABLE FOR ANY ERRORS, OMISSIONS OR DELAYS IN THIS INFORMATION OR ANY LOSSES, INJURIES OR DAMAGES ARISING FROM ITS DISPLAY OR USE. ALL INFORMATION IS PROVIDED ON AN AS-IS BASIS. ALL THE OTHER PAGES YOU VISIT THROUGH THE HYPER LINKS MAY HAVE DIFFERENT PRIVACY POLICIES. IF ANYBODY FEELS THAT HIS/HER DATA HAS BEEN ILLEGALLY PUT IN THIS WEBPAGE OR IF YOU ARE THE RIGHTFUL OWNER OF ANY MATERIAL AND WANT IT REMOVED PLEASE EMAIL ME AT "suryamadhu.talk@gmail.com" AND I WILL REMOVE IT IMMEDIATELY ON DEMAND. ALL THE OTHER STANDARD DISCLAIMERS, TERMS AND CONDITIONS OF TRADEMARK, REGISTERED COPY RIGHT, PATENT ALSO APPLY.
COPY RIGHTS RESERVED WITH AIPEU P3, DHENKANAL DIVISION ( R ) / ( T ) : 2014 : PIONEERS OF THE TRADE UNION MOVEMENT