PF tax issue to be addressed during Budget discussion: FM

Amid widespread concerns, Finance Minister Arun Jaitley today said in Lok Sabha that the issue related to the proposal to tax PF will be addressed by him during the discussion on Budget.

"We are seized of the problem. I will address it during the Budget discussion," Jaitley said.

He was responding when TMC members raised the issue soon after the question House with Saugata Roy demanding that Jaitley, who was in the House, make an immediate announcement.

TMC leader Sudip Bandhyopadhyaya said the Budget proposal to tax the EPF has caused nation-wide concern.

Jaitley had spoken on similar lines earlier in the day at a meeting organised by industry chambers and said he will spell out the final decision on the matter when he speaks during the debate on Budget in Parliament.