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Wednesday, Jul 17, 2002

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BJP MPs to plead for tax sops

Our Bureau

NEW DELHI: BJP MPs will meet the Finance Minister, Mr Jaswant Singh, shortly to discuss the possible fiscal incentives, including tax sops to be provided to salaried middle class and pensioners, before the next 2003-04 Union Budget, according to Mr V. K. Malhotra, the Parliamentary Party spokesperson.

BJP MPs from Delhi held a meeting with the former Finance Minister, Mr Yashwant Sinha, during the Budget session after which some rollbacks (particularly on tax benefits available on investments made under Section 88 of the Income Tax Act 1961) were announced.

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