Will modi or bjp abolish income tax?

Will modi or bjp abolish income tax?
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1 Answer

Answer :

Modi or Bjp has an idea into complete direct tax reformation within two years. But they have to face an election within one year. So nothing can be expected soon because without a majority in Rajya Sabha or only with a majority in Lok Sabha they can't take any constitutional changes or such big moves like the abolition of taxes. But if they try, maybe the opposition also support tax abolition because the election is nearby on its way. Like Subramanian Swamy, the former finance minister said people will dance on streets if income tax is abolished. That will give them a big edge on the election. So it's up to the election strategy of bjp whether taxes will be abolished or not.
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