Advertisement

HindustanTimes Fri,22 Aug 2014

Tax deal: For aam aadmi, says Cong; BJP wary

HT Correspondent, Hindustan Times  New Delhi, August 14, 2009
First Published: 01:43 IST(14/8/2009) | Last Updated: 01:45 IST(14/8/2009)

The Congress welcomed Finance Minister Pranab Mukherjee’s proposed income tax regime as one that will benefit the aam aadmi, particularly the middle and the lower middle classes.

Advertisement

The BJP, on the other hand, reserved its detailed response until a thorough study – but, nevertheless, saw it as an affirmation of its own election manifesto’s pledge to raise the tax limit.

The Left, however, thought the proposals as a move to please the middle class.

“While the increase in the income tax limit will directly benefit the common man, its spin-offs will also bring immense benefits to him,’’ said Congress spokesperson Manish Tewari.

BJP’s Prakash Javadekar, “We have always favoured lower tax regime to give relief to all sections of people, as promised in our election manifesto. Ultimately, we must see what benefits actually flow to the people. We would also want the changes to come into effect earlier than 2011.”

Senior Congress leader Abhishek Singhvi said: “Don’t look at the new tax code sectorally and in piecemeal. It’s holistic design will undoubtedly achieve brevity, clarity, simplicity, stability, consistency and a far more effective complaint regime.’’

CPI leader D. Raja said, “The government has tried to please the middle class, though it remains to be seen in times of recession how much benefit would finally be there.”


Advertisement
more from India

JD(U) MLA who proposed 'right to bribe' suspended

Rajiv Ranjan’s suspension comes exactly five days after he had told HT that corruption had pervaded public life in Bihar to such an extent that it would be best to legalise it.
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved