Maharashtra Assembly Elections: Thackeray's Gauntlet to Modi
Shiv Sena leader Uddhav Thackeray challenges PM Narendra Modi to campaign in Maharashtra, amid controversy over real estate tax benefits and its impact on the middle class.
MaharashtraReal EstateTax BenefitsUddhav ThackerayNarendra ModiReal Estate MaharashtraJul 31, 2024
The controversy surrounds the recent real estate tax benefits announced by the government, which have been met with outrage from the middle class. This demographic, comprising around 30% of India's 1.42 billion people, feels that the benefits are skewed in favor of the wealthy.
Thackeray's challenge to Modi comes at a time when the BJP is facing flak for its handling of the economy. The party has been accused of favoring big business and neglecting the needs of the common man. The real estate tax benefits, which have been criticized for being too generous, have only added fuel to the fire.
Meanwhile, Union Minister Nitin Gadkari has urged Finance Minister Nirmala Sitharaman to reconsider the tax benefits, citing the need to support the middle class. Gadkari's plea has been seen as a rare instance of a BJP leader speaking out against the party's policies.
The Maharashtra assembly elections are scheduled to take place on October 21, and the BJP is keen to retain power in the state. However, the controversy over real estate tax benefits has given the opposition parties a fresh ammunition to attack the government.
Information
Shiv Sena is a right-wing political party based in Maharashtra, known for its strident “sons of the soil” ideology. The party has been a key ally of the BJP in the past, but has been at loggerheads with it over various issues.
The Bharatiya Janata Party (BJP) is a right-wing political party in India, currently leading the government at the Center. The party is known for its Hindu nationalist ideology and has been in power since 2014.
The Shiv Sena is a right-wing political party based in Maharashtra, known for its strident “sons of the soil” ideology.
Frequently Asked Questions
What is the controversy surrounding real estate tax benefits in India?
The controversy revolves around the recent real estate tax benefits announced by the government, which have been criticized for favoring the wealthy and neglecting the needs of the middle class.
Who has challenged PM Narendra Modi to campaign in Maharashtra?
Shiv Sena leader Uddhav Thackeray has challenged PM Narendra Modi to campaign in Maharashtra, accusing the BJP-led government of neglecting the interests of the middle class.
What percentage of India's population does the middle class make up?
The middle class makes up around 30% of India's 1.42 billion people.
Who has urged the Finance Minister to reconsider the real estate tax benefits?
Union Minister Nitin Gadkari has urged Finance Minister Nirmala Sitharaman to reconsider the real estate tax benefits, citing the need to support the middle class.
When are the Maharashtra assembly elections scheduled to take place?
The Maharashtra assembly elections are scheduled to take place on October 21.
Related News Articles
Cyber Conmen Strike Again: Indore Real Estate Broker Loses ₹2.96 Lakh in Credit Card Scam
Two separate cases of cyber fraud reported in Indore, with a real estate broker losing ₹2.96 lakh and a man being duped of ₹2 lakh in a loan app scam.
Kangana Ranaut Sells Mumbai Bungalow Amid Emergency Row
Kangana Ranaut sells her Mumbai bungalow for ₹32 crore, according to property registration documents.
ED Raids 24 Locations in Maharashtra and Gujarat in Malegaon-Based Trader's Fake Bank Scam
The Enforcement Directorate (ED) has conducted widespread raids in key cities including Malegaon, Nashik, and Mumbai in Maharashtra, and Ahmedabad and Surat in Gujarat, as part of an investigation into a fake bank scheme run by a Malegaon-based trader. Th
Priyanka Chopra Sells Four Luxury Flats in Mumbai for ₹16 Crore
Bollywood star Priyanka Chopra has reportedly sold four luxury apartments in Mumbai for a staggering ₹16 crore. The properties, located in the bustling suburb of Andheri, have raised eyebrows and sparked curiosity about her real estate ventures.
Aaditya Thackeray Blasts Maha Govt for Handing Over Open Spaces to Realtors
Aaditya Thackeray, the leader of the Maharashtra Navnirman Sena, has strongly criticized the Maharashtra government for its decision to hand over open spaces, including the Mumbai Coastal Road, to real estate developers. Thackeray argues that this move wi
Vibe Realty Makes a Grand Entry into Pune with a Major Joint Development Project
Vibe Realty, a forward-thinking real estate development company, has made a significant mark in Pune by securing a joint development project of 1.03 million square feet. This move underscores the company's commitment to creating landmark properties that meet international standards.