Thursday, November 29, 2012

State tax Sops because of the financial constraints do not offer: Mamata

Reuters

"We are faced with a legacy of 35 years (from left Front line). The Government is in debt trap and so we are in a different situation (from other States).

"The demands (of the infrastructure companies) are real but our options are limited due to financial constraints," she said, adding, the situation is so grim that the State must agree how its employees pay their salary in time.

Real estate companies had sought to reduce the tax on housing.

Banerjee, however do not respond to body builders Credai demand for Urban Land Ceiling bracket repealing Act.

A Cabinet Committee on urban infrastructure with some senior Cabinet ministers today to urban infrastructure projects.

PTI

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