Rahul promises 3-year-tax holiday for entrepreneurs

Rahul promises 3-year-tax holiday for entrepreneurs

  • Slamming the "hollow" promises of the NDA government, Congress President Rahul Gandhi on Sunday said his party, if elected to power, would allow anyone to start business without permits or clearances and offer a tax holiday for the first three years.
  • "The Congress manifesto promises to allow anyone to start business without permits or clearances, with tax holiday for the first three years to encourage entrepreneurship and create thousands of jobs across the country," he said at a massive public meeting ahead of the polling in Karnataka on April 18 and April 23.
  • Terming Karnataka as India's start-up hub, Gandhi told the gathering that his party's manifesto also promised to provide incentives, tax credits and easy bank loans based on how many jobs an entrepreneur or a company create.


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