AIADMK manifesto released, vows hiking IT exemption limit to Rs 5 lakh

Indicative of J Jayalalithaa`s national ambitions, AIADMK on Tuesday promised to raise Income Tax exemption limit to Rs five lakh and take away powers of oil marketing companies to determine prices of petrol and diesel if it is elected to be part of the next government.

Chennai: Indicative of J Jayalalithaa`s national ambitions, AIADMK on Tuesday promised to raise Income Tax exemption limit to Rs five lakh and take away powers of oil marketing companies to determine prices of petrol and diesel if it is elected to be part of the next government.

Releasing its manifesto, the AIADMK, which wants to see the four-time Tamil Nadu Chief Minister as the country`s next Prime Minister, pledged to extend the state`s "laudable" populist schemes like distribution of free mixies, grinders, fans, milch cows and goats across the country in addition to making a series of national-level promises.
Enacting the Women`s Reservation Bill, which is hanging fire, and bringing back black money are also on the list.

"In the election manifesto of AIADMK, we have spelt out many policies and promises to implement schemes aimed at not only the development and growth of Tamil Nadu but the development and growth of Indian nation," she said.

The manifesto was released at AIADMK headquarters, a day after party candidates for all 39 Lok Sabha Seats in Tamil Nadu besides the lone Puducherry constituency were announced by Jayalalithaa. In the 2009 Lok Sabha polls, the AIADMK had won 9 seats in Tamil Nadu.
Since the development of states is dependent on the Centre`s economic, foreign and fiscal policies, "it is essential that a government at the Centre is formed, of which the AIADMK will be an integral part, so as to restore the rights of Tamil Nadu, and to obtain for Tamil Nadu its due share, and for devolving additional powers upon the states," the document said.

Harping on the emotive Sri Lankan Tamils issue, the party promised that it was determined to move the UN for holding a Referendum amongst Tamils in Sri Lanka and displaced ones across the world for formation of a separate Eelam (homeland).

Reiterating its opposition to the FDI in retail trade, the AIADMK said it would take measures to rescind the existing UPA government policy, while proposing to replace the "half-baked" Food Security Act with a Universal Public Distribution System.

It promised efforts for recovery of Indian black money stashed in foreign havens, Income Tax exemption of upto Rs five lakh and a transparent natural resources policy to ensure that the natural resources are made available to consumers at fair price. The current income tax exemption limit is Rs two lakh.

AIADMK promised that it would withdraw the authority given to oil marketing companies to determine the prices of petrol and diesel and that action will be taken to maintain the prices of petrol, diesel and domestic LPG at the same level throughout the year.

Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.