Cong Defeat: Swamy. New Govt. should announce tax reliefs for family health,education expenses.
Brilliant, succinct development path outlined by Dr. Swamy following NaMo's guidance for national renaissance.
I would suggest the first step in fiscal management. An announcement should be made as follows:
Family is the bedrock, the very foundation of Indian economy. To strengthen the family system, all expenses incurred by the karta (the patriarch) of a family unit for health and education of family members should be deemed to be deductible expenses for tax purposes.
Detailed fiscal revamp should follow.
Kalyanaraman
Bad Economy, Lack of Security Led to Cong Defeat: Swamy
Speaking to reporters after meeting BJP patriarch L K Advani at his residence, Swamy said: "This is a historical rout. The reasons I feel are the bad shape the economy is in and also the lack of security for the general public."
Lauding Narendra Modi's role in the resounding success of the party, Swamy who merged his Janata Party with the BJP last year, said that it is a new beginning for the country.
Swamy added that Advani's role will be decided by the party, of which he has no information.
On measures needed to check black money, Swamy suggested that "hawala agents" should be arrested.
"We know, who (hawala agents) they are. Second, we should deploy intelligence agents in places like Dubai and Singapore from where much of this work is carried," Swamy said."India needs to have a reasonable tax structure since the present system leads to harassment, which induces people to evade taxes," he said.
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