Presenting Minimal Finance.
Minimal Finance are minimal posters that take a light-hearted view on current events and happenings in the world of finance and economy. A tricky and confusing world at most times, it pays to look at issues that involve our money from a different perspective.
To begin this exciting journey, we have taken an investor-perspective on the EPF tax proposal that was rolled back by the Finance Minister last week. The idea to tax 60% of our EPF corpus upon maturity was put forward in the Budget, but received widespread criticism. The general consensus was that the government shouldn’t put its hands into the retirement kitty of the working class. And thankfully, it is. For now.