Narayana Murthy lauds Narendra Modi, seeks people’s support to Prime Minister’s endeavours

New Delhi, May 21 : Praising the Narendra Modi government, IT czar N R Narayana Murthy today said a lot of good things have happened in the last one year and the Prime Minister should be supported in his endeavours. ”We have a PM who is enthusiastic and working hard. People, all parties, the Opposition should rally behind him. I think a lot of good things have happened but it’s still early to say. Therefore, we must all be with the PM and support him and we continue to do things with the sense of efficiency, then I’m sure we will make some progress,” Murthy said here. Demanding stable and transparent taxation regime, he said retrospective taxes should not be levied.Taxation policies should be “transparent, stable, easy to communicate, easy to understand and comply with and one that creates confidence about the government among tax payers and therefore collect maximum tax,” he said. ”Such a tax policy should have three fundamental principles — equity, certainty by not imposing taxes in an arbitrary manner and by not levying taxes in retrospective manner and by transparent method,” he said.
The former Infosys chief said efficient land allocation will benefit society as a whole. Delivering CCI lecture, he favoured that both port and airports should be ideally run by the private sector.