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"Sikkim stands second in 'death trap' of budget borrowing:" BJP MLA Thapa

Bharatiya Janata Party President and legislator Dilli Ram Thapa blew the horn on the off-budget borrowing by the Sikkim government claiming that Sikkim falls be

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"Sikkim stands second in 'death trap' of budget borrowing:" BJP MLA Thapa

Thapa also raised the same concern during his valedictory remarks in the Assembly, wherein he stated, "We have around Rs. 3000 crores of revenue but our loan is about Rs. 27,000 Crores. Instead of plugging the leakage of revenue or increasing the revenue, we are borrowing all the time."

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India News |

Get latest articles and stories on India at LatestLY. Thapa also raised the same concern during his valedictory remarks in the Assembly, wherein he stated, "We have around Rs. 3000 crores of revenue but our loan is about Rs. 27,000 Crores. Instead of plugging the leakage of revenue or increasing the revenue, we are borrowing all the time." India News | "Sikkim Stands Second in death Trap of Budget Borrowing:" BJP MLA Thapa.

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"Sikkim stands second in 'death trap' of budget borrowing:" BJP MLA Thapa

"Sikkim stands second in 'death trap' of budget borrowing:" BJP MLA Thapa
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Residents of this Indian state is exempted to pay income tax, know why

Sikkim’s tax laws were repealed in 2008 when Union Budget announced section 10 (26AAA) in which the state’s residents were exempted from paying taxes.

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