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All Leader Pledge Support To Sad’S Crusade Against Wealth Tax

In an attempt to achieve consensus against the UPA government led by Congress at the Centre to immediately return the estate tax for Agricultural Lands in the country, the SAD patron and Punjab Chief Minister Mr. Parkash Singh Badal and SAD president and Deputy Minister Mr. Sukhbir Singh Badal along with the European Parliament Member from Bathinda Mrs. Harsimrat Kaur Badal and Member Rajya Sabha Mr. Sukhdev Singh Dhindsa called Janta Dal leaders United, the Trinamool Congress (TMC) and AIADMK here today to rally support for this national cause.Disclosing this today, a spokesman for the Prime Minister's Office said that Mr. Badal who called on the Janta Dal United president and NDA Coordinator Mr. Sharad Yadav at the latter's residence and impressed upon him for support and cooperation to mount pressure on their party hearty Indonesian Government to submit an amendment to the Finance Act 2013 to remove the levy of wealth tax on agricultural land.Mr. Badal also urged the Indonesian Government to provide specific exemption for farmland property tax in the respective courts have held the tax levy on agricultural land, so many who have recovered from farmers as tax on equity. Allying fears of social unrest and anarchy in the country, the Prime Minister asked Mr. Yadav to save the beleaguered peasantry estate tax has sounded a death sentence for everyone including agricultural labor, small and marginal traders directly or indirectly related to the profession, in addition to agriculture Arhtiyaas.Later, the Prime Minister also informed Mr. Sudeep Bandopadhya TMC leader and AIADMK Leader Dr Thambi Durai, who asked the former at the residence of Ms. Lok Sabha MP Harsimrat Kaur Badal, the implications of this provision impending unfortunate and arbitrary estate tax that would further destabilize the country's overall economic scenario in general and the agricultural economy of Punjab in particular.Mr Badal said the recommendations of Raja Chelliah Committee on tax reforms to these leaders, which in its report had recommended to impose wealth tax on non-productive assets. Prime Minister Manmohan Singh, who was the Minister of Finance, then the Union in 1992, in his budget speech had stressed that Heritage should be made to individuals, Hindu undivided families and all companies only in relation to assets not productive to residential homes, including rural and urban houses land, jewelery, precious metals, automobiles, airplanes, boats and yachts that were used for commercial purposes.The Prime Minister personally for his support Punjab safeguard the interests of farmers and said they should not see this as a political movement, but it was an economic issue that adversely affects a broad spectrum of farmers in the country, as well as several direct stakeholders or indirectly related to agriculture. This unjustified decision hastily taken arbitrarily Center not only crush the farmers of Punjab, but also put national food security at risk.The Minister reiterated his commitment to saving the embattled crop in this hour of crisis, thereby pushing all the leaders of the various national political parties to prevent Congress sinister movement to impose wealth tax on agriculture land urging them to presented by rising above political affiliations to extend their wholehearted support and cooperation for this noble cause.Earlier, the Chief Minister called National BJP President Mr. Rajnath Singh and Leader of the Opposition in the Lok Sabha Mrs Sushma Swaraj to rescue the agricultural community distress from the clutches of wealth tax, by mobilizing public opinion against this ill-conceived decision in the larger national interest.

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