7) The decision to make a proportion of employee provident fund (EPF) withdrawals taxable in the recent Union budget is hailed as forward looking. Examine the merits and demerits of this decision.

Topic: Resource mobilization

7) The decision to make a proportion of employee provident fund (EPF) withdrawals taxable in the recent Union budget is hailed as forward looking. Examine the merits and demerits of this decision. (200 Words)

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