BJP will abolish MOST taxes: Gadkari

March 04, 2014 22:01

The BJP, if voted to power, will try to abolish most of the taxes currently in place to generate more revenue and reduce inflation, senior leader Nitin Gadkari said today.

"Out of the 34 taxes currently paid, we will try and abolish maximum number of them and put an end to the license raj. This is how we can increase the revenues between 25 percent and 30 per cent," the former BJP president said at an event.

This measure, he claimed, would also bring down the inflation rate while enhancing 100 per cent transparency.

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