BJP gears up for polls; targets Cong on terror, graft, eco

Mar 02, 2013, 09.32 PM IST

BJP gears up for polls; targets Cong on terror, graft, eco

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New Delhi, Mar 2 (PTI) BJP Chief Rajnath Singh today gave a call to his party cadre to put up a united fight in the next general elections to oust the "corrupt, ineffective" UPA as he took on Congress-led government over its alleged failure on internal security, economy and foreign policy fronts. Delivering the inaugural speech at the BJP National Council here, Singh while lauding the achievements of Gujarat Chief Minister Narendra Modi also emphasised upon the need for the party workers to bury their differences, stop clamouring for posts and gear up for the general elections slated for 2014. He praised the BJP governments in Madhya Pradesh, Chhattisgarh, Goa, Karnataka and the NDA regime in Bihar. Rajnath Singh alleged that the UPA government was mired in corruption. "Just as Ram killed Ravan, Krishna killed Kansa, Obama killed Osama, corruption we believe will kill the Congress," he said. BJP promised to form a separate state of Telangana in no time once it is voted to power. Goa Chief Minister Manohar Parrikar, while seconding the Economic Resolution, said India will scrap the FDI in multi-brand retail policy when BJP-NDA comes to power. Singh slammed the government on a host of issues, including terrorism, external security, relations with neighbouring countries especially Pakistan and China, corruption, failure to revive the economy and issues related to farmers. The BJP chief also raked up issues dear to the Sangh Parivar, from Ram Setu and Home Minister Sushilkumar Shinde's controversial remarks about Hindu terror to the Maha Kumbh and Hindutva being a way of life. The BJP passed an economic resolution highlighting the failures of the UPA government in controlling inflation, being engaged in a series of corruption scams, wrong agricultural policies which were forcing the farmers to commit suicide, and heaping praise on the erstwhile NDA government for its economic achievements. BJP intends to take on the Congress-led UPA on these issues in the next general election. Singh charged that the government lacked willpower and determination to deal with these issues. PTI SKC RC RT

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highlights

No case to revise direct tax rates, slabs
Super rich tax: 10% surcharge on income above Rs 1 cr
Modified provisions under GAAR effective April 1, 2016
No change in standard rate of excise duty, service tax

FM speaks to CNBC TV18
Budget Reaction: Fitch Says Policy Implementation To Be Key Driver Of India Rating
Budget Reaction: Fitch Says Believe Policy Execution Will Be Challenging
Budget Reaction: Fitch Says Public Finances Vulnerable To Further Growth Slowdown

GAAR-Presumes tax benefit unless proved contrary
MFs covered for deductions u/s 80CCG
Excise duty increased on mobile phones of Retail Sale Price (RSP) more than Rs 2000
ED on readymade garments exempted: positive textile sector

SECTOR IMPACT

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Textiles - General

18:52 pm

Exice Duty on readymade garments exempted +ve for textile sector

TAX AND YOU

Salaried Person

Kuldip Kumar

REACTIONS

reaction on: Markets

Mukesh Kumar

Head - Strategic Planning | HDFC ERGO General Insurance

reaction on: SME

Snehdeep Aggarwal

Founder & Chairman | Bhartiya International

reaction on: Policy

Sanjay Sanghvi

Partner | Khaitan & Co

reaction on: Business

Govind Shrikhande

MD | Shoppers Stop

reaction on: Business

Gaurav Gupta

Sr Director | Deloitte

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