Monetary Terrorism: Congress Slams Modi Govt After Rs 65 Crore Deducted From Account By Tax Division

Monetary Terrorism: Congress Slams Modi Govt After Rs 65 Crore Deducted From Account By Tax Division

New Delhi: The Congress occasion on Thursday slammed the Centre after over 65 crore rupees had been deducted from its accounts by the Revenue Tax division. Addressing a press convention, Congress Normal Secretary KC Venugopal closely criticized the BJP authorities and accused it of “monetary terrorism.”

“That is clearly monetary terrorism imposed by the BJP authorities on the Congress occasion. In accordance with the newest info from the banks, the BJP authorities compelled the banks to switch roughly Rs. 65.89 crore from our deposits to the federal government,” stated Venugopal.

He additional added that the quantity was deducted from the accounts of AICC, IYC, and NSUI. “In contrast to the BJP, we acquired this cash from strange staff of the occasion,” stated Venugopal.

Venugopal alleged that withdrawal of cash from the accounts simply forward of the parliamentary elections means that “they (BJP) are basically stealing cash from the financial institution.”

Congress Get together President Mallikarjun Kharge additionally got here down closely on the ruling occasion and stated, “an autocratic Modi Govt is capturing Democracy by way of Extortion and Monetary Terrorism!”

Kharge accused the Modi authorities of stealing donation cash from Congress and alleged that the BJP threatens company corporations by way of ED, CBI, and IT. “On one hand, the Modi Govt desires to steal the hard-earned cash of individuals donated to the Congress occasion in good religion, and then again, it threatens company corporations by way of ED, CBI, IT, and so forth., to seize a lion’s share of donations,” stated Kharge.

Elevating issues over the withdrawal of Rs. 65 crore “undemocratically” from the Congress’ financial institution accounts by the revenue tax division, occasion chief Ajay Maken stated that regardless of the sub judice nature of the matter, the Congress occasion is dealing with an unprecedented demand of Rs. 210 crore when there’s a frequent follow for Nationwide Political Events to pay no revenue tax.

Highlighting that neither the Congress nor the BJP pays revenue tax, Maken, in a publish on X, stated that their hopes now lie with the Judiciary.

“Yesterday, the Revenue Tax Division mandated banks to switch over Rs65 crores from INC India, IYC, and NSUI accounts to the government–Rs5 crores from IYC and NSUI, and Rs60.25 crores from INC, marking a regarding transfer by the BJP Authorities,” he stated.

“Is it frequent for Nationwide Political Events to pay Revenue Tax? No,” he added.

“Does the BJP pay Revenue Tax? No,” Ajay Maken requested.

He continued to ask why the Congress Get together is dealing with an unprecedented demand of Rs. 210 crores?

He identified that this undemocratic act poses a risk to the nation’s multi-party system.

“This case raises an important query concerning the state of democracy. Is it beneath risk?,” he stated in his publish on X.

“Throughout at the moment’s ITAT proceedings, we introduced our case. The listening to is ready to proceed tomorrow. The funds in query had been raised by way of grassroots efforts, together with crowdfunding and membership drives by the IYC and NSUI. This case raises an important query concerning the state of democracy. Is it beneath risk? Our hope now lies with the judiciary,” Maken added.

The listening to on Congress grievance in Revenue Tax Appellate Tribunal (ITAT) towards restoration of the excellent tax due of Rs. 65 crore from INC’s account will resume on Thursday.

In the meantime, the Revenue Tax Division on Wednesday submitted earlier than the Revenue Tax Appellate Tribunal (ITAT) that they acted with duty and their motion was totally consistent with the regulation to acquire demand drafts of Rs. 65 crore from the financial institution accounts of Congress occasion.



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