look news india
Voting for the second phase of Lok Sabha elections is going on. Union Finance Minister Nirmala Sitharaman reached Bengaluru to vote. He had come to cast his vote at BES College, Bengaluru. Let us know what statement he gave after voting regarding inheritance tax and voting.
People only want PM Modi – Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said that I want more and more people to come out and vote. I think people want a stable government, they want good policies, progress and development and that is why they want to see PM Modi in the coming term.
Inheritance tax criticized
Nirmala Sitharaman also criticized inheritance tax. He also criticized Congress for advocating laws like inheritance tax and said it could ruin India's progress in the last decade. He further said that inheritance tax in India directly impacts the middle class. This has a direct impact on the aspirational class. They work hard, put in their sweat, and their hard work pays off in small ways. Common people of the country buy their dream houses with their savings. Some people keep fixed deposits.
Everything was taken away in 1968
Taking aim at the Congress, the Union Finance Minister said that the prestige of the Congress goes on the issue of property tax, I remember that earlier in 1968 there was a compulsory deposit scheme in which 18% and 20% of the deposits of the people were taken. away. No assistance was provided at that time. If such wealth creators are punished merely because they have withheld money, then the progress India has made in the last ten years will be in vain and we may go back to those days. , He also said that you may not believe it but the current generation does not know anything about it. But earlier when Congress was in power, Congress had imposed 90% tax.