New Delhi : BJP, if voted to power, will try to abolish most of the taxes currently in place to generate more revenue and reduce inflation, its senior leader Nitin Gadkari said on Tuesday.
“Out of the 34 taxes currently paid, we will try and abolish maximum number of them and put an end to the license raj. This is how we can increase the revenues between 25% and 30%,” the former BJP President said.
This measure, he claimed, would also bring down the inflation rate while enhancing 100% transparency. “I want to assure everyone that we will build up a tax system that will reduce inflation by 25 per cent and there will be 100 per cent transparency,” he said. He, however, did not specify which taxes would be abolished.
He also slammed the government for failing to contain inflation. –PTI