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LATEST NEWS UPDATES | Akalis to protest wealth tax on agricultural land

Akalis to protest wealth tax on agricultural land

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published Published on Apr 26, 2013   modified Modified on Apr 26, 2013
-The Hindu


Chandigarh: The ruling Shiromani Akali Dal (SAD) in Punjab will launch a nation-wide protest against the Centre's proposed move to impose wealth tax on agricultural land. Describing the decision as a blow to debt-ridden farmers, media advisor to the Chief Minister Harcharan Singh Bains said here on Thursday that the SAD- BJP alliance will also launch state-wide peaceful dharnas from May 2.

A decision to this effect was taken at the party's core committee meeting. Mr. Bains said that Chief Minister Parkash Singh Badal will also meet Prime Minister Manmohan Singh in this regard. The decision to impose 1% wealth tax on the collector rate for agricultural land falling within 8 km of the municipal limits will hit the farmers of the State, because more than 70% of them will have to pay this tax. It will mean that the average farmer will have to pay more than his annual income from the land, he said.


The Hindu, 26 April, 2013, http://www.thehindu.com/todays-paper/tp-national/akalis-to-protest-wealth-tax-on-agricultural-land/article4655729.ece


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