Tuesday, June 19, 2012

Dhindsa unlikely to impose new taxes in Punjab budget





The budget of the SAD-BJP alliance to be presented tomorrow is expected to be a lacklustre affair. Finance Minister Parminder Singh Dhindsa is neither likely to impose any new taxes nor is he preparing to give any major relief. The state government is likely to step down from the promises made by it in the manifesto prior to the Assembly elections earlier this year.

The line adopted by the SAD-BJP alliance is that with the Model Code of Conduct in place on account of the Dasuya bypoll scheduled for July 11, no major announcement can be made. Also, with the fiscal deficit likely to shoot up further, the government is in no position to make any announcements regarding new sops. It is learnt that Dhindsa is just going to announce continuation of the existing sops.

The BJP is strongly against the imposition of any taxes for the urban areas. The party has also opposed the levy of tax or cess on sewerage, water and electricity. The SAD, which has a rural mass base, is in no mood to withdraw subsidy to the farmers in the form of free electricity, etc.
Add to Cart

0 comments:

Post a Comment