Revised DTC – No Tax on Withdrawal from PPF or GPF or Pension Fund

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The game between EET vs EEE ends with government shelving plan to introduce Exempt Exempt Tax plans on PPF or GPF which was proposed under first draft of Direct Tax Code.

It was proposed under first draft of Direct Tax Code that in case of following kinds of investments , the tax will be imposed at the time of withdrawal of sums from such investments

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