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BJP committee on Kelkar recommendations meets
New Delhi, Jan 15: The BJP committee headed by party General Secretary Rajnath Singh on the Kelkar committee recommendations on direct and indirect taxes had another round of meeting today to finalise the report.
New Delhi, Jan 15: The BJP committee headed by party
General Secretary Rajnath Singh on the Kelkar committee
recommendations on direct and indirect taxes had another round
of meeting today to finalise the report.
The committee, which was to have given the report to
party president M Venkaiah Naidu on January 11, is expected to
give it to him either on January 17 or 18, party sources said
here.
The committee had rejected Kelkar recommendations on
personal Income Tax and small saving interest rates and
strongly favoured retention of tax benefits for housing loans
and pensioners. It, however, favoured most of the proposals on
indirect taxes.
On another sensitive issue of taxing agricultural income,
the party felt it was not totally averse to the idea but a
political consensus was needed as it was a complex and
controversial issue. Besides, it also required amendments to
the constitution as agriculture is a state subject, the party
said.
Bureau Report