MPs promise to eliminate unpleasant taxes & red tape from Delhi's industries
Updated: Jun 12, 2014 01:26:52pm
The MPs were speaking at the felicitation function organized for them by the PHD Chamber of Commerce and Industry here yesterday. Four MPs participated in the programme and promised the industry that their collective efforts will lead to elimination of a host of unpleasant taxes and to raise voices to empower industry in nation building with the government of the day.
BJP MP Unit Raj committed to removing red tape from Delhi’s industries department to facilitate and ensure faster taking off of pending projects for MSMEs in the NCR region.
On the other hand, Mahesh Giri promised that newly elected MPs would raise issues and lobby for elimination of uncalled for taxation that have been in existence in the statute for decades.
Giri further said that Prime Minister Narendra Modi has asked Transport Minister Nitin Gadkari to examine the tax structure that cause hardship to industry so that it is not subjected to multiple taxation, both direct and indirect that currently numbers 34.
“The new government would ensure that a great deal of 34 taxations which apply to industry in general under the prevailing regime is pruned substantially,” he said.
The other MPs who took part in the felicitation ceremony were Mahesh Sharma and Bharatendra Singh.
Sharma was of the view that the commitment of the new government would be to catapult and transform the society in general and industry in particular with raising bars for governance in next five years.
Singh, however, added that industry would find friends in Modi whose regime would lay out a road map for industry to negotiate on it smoothly, profitably and with a sense of equity and fairness in which the evolving society would have no complaints. (KNN/SD)