Will raise wealth tax issue with PM: Bajwa
Sunday, 21/04/2013
http://www.tribuneindia.com/2013/20130421/punjab.htm#5
Chandigarh : Punjab Pradesh Congress Committee (PPCC) president Partap Bajwa today said he would raise the issue of imposition of Wealth Tax on agriculture land within eight kms of urban areas by the UPA Government with Prime Minister Manmohan Singh and Finance Minister P Chidambaram.
Interacting with a delegation of farmers led by BKU national president Bhupinder Singh Mann, Bajwa assured that the Punjab Congress would strongly oppose imposition of wealth tax and the party would stand by farmers on this issue.
Mann told the PPCC president that farmers in other districts were receiving notices for payment of the wealth tax. “If wealth tax is not withdrawn, it will ruin the farmers,” he said.
He said wealth tax was much higher than the per acre income from agriculture land. “Punjab will be affected since municipal limits of several cities are extended to villages and collector rates of land have also increased manifold," he claimed.
The wealth tax has been imposed at the rate of 1 per cent of collector rates, he said.