After the controversy on input tax and BJP opposing the move leading to its withdrawal, Punjab Deputy Chief Minister Sukhbir Singh Badal on Wednesday announced that Punjab Government would set up a traders’ advisory committee for excise and taxation department to give advice on taxation policy in the state.
Badal was speaking to representatives of Punjab Pradesh Veopar Mandal visited him to pay their regards for withdrawal of VAT amendment during a Sangat darshan here.Badal said that in the next two months he will personally meet all traders’ associations and Veopar Mandals to redress their issues. He said the main aim was to ensure active participation of traders in drafting the taxation policies. He assured that all sectors of trade sans political personalities would be given due representation in the committees.
To ease the impediments in taxation, Deputy CM also advocated the implementation of “trade wise tax” in the next 6 months. He informed that the excise department has been directed to prepare the data of each trade to frame the terms and fix tax slabs for each sector in consultation with the representatives of Industrial houses.
