Poll on mind, Cabinet set to ratify sops
The Cabinet meeting scheduled for Monday seems to have a definite agenda. With the Lok Sabha elections round the corner, the Council of Ministers is expected to announce a series of tax concessions. The Cabinet will discuss the withdrawal of one-time tax on city buses operating in Amritsar, Jalandhar, Ludhiana and Bathinda; withdrawal of sin tax on cigarettes and slashing VAT on iron and steel goods, scrap and finished goods. All these decisions are aimed at wooing the urban voters. The SAD-BJP Government feels that these people have weaned away from them because of imposition of property tax and advance tax. Sources said there was a proposal to waive one-time tax on buses operating in cities, amounting to Rs 500 per bus. This tax is paid to the Transport Department before the buses are commissioned. These buses have been commissioned under the Centre’s Jawaharlal Nehru National Urban Renewal Mission and the government proposes to waive this tax so as to make travel cheaper.
Related Posts
67 banned e-cigarettes seized from pan shop in Bodakdev
Ahmedabad: During routine patrolling, the sleuths from the detection of crime...
P1.3-M fake cigarettes seized in QC
An estimated P1.3 million worth of smuggled fake cigarettes were seized by...
Christian Dior wages war with online counterfeiters
Luxury brand Christian Dior has targeted a number of online counterfeiters in a...
75,000 counterfeit sunglasses seized at Mumbai port
What are the chances that those crisp 1000-rupee notes tucked into your wallet...



