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Congress Alleges ₹10,000 Crore Tax Evasion Through Political Parties
A Congress MP has accused political parties of helping people avoid paying taxes.
The MP said this could involve ₹10,000 crore.
The claim is based on information from investigative journalists and the Association for Democratic Reforms.
The MP mentioned 3,260 Registered Unrecognised Political Parties.
These parties are also called RUPPs.
Section 80GGC of the Income Tax Act allows certain political donations to reduce a person’s taxable income, according to the MP.
Congress wants a Joint Parliamentary Committee to investigate the matter.
The allegations have not been established by an investigation described in the article.
A Congress MP alleged that ₹10,000 crore in tax may have been evaded through unregistered or unrecognised political parties.
The MP cited investigative journalists and the Association for Democratic Reforms as sources for the claim.
The MP said there are 3,260 Registered Unrecognised Political Parties in the country.
The allegation centers on Section 80GGC of the Income Tax Act, which concerns donations to political parties.
Congress has sought a Joint Parliamentary Committee probe and referred to the BJP as a “C-Team.”
- Who
- A Congress MP made the allegations, citing investigative journalists and the Association for Democratic Reforms.
- What
- The MP alleged ₹10,000 crore in tax evasion through Registered Unrecognised Political Parties and sought a Joint Parliamentary Committee probe.
- Where
- The allegation concerns political parties in the country; the article does not specify a particular location.
- When
- Why
- The MP said Section 80GGC allows donations to political parties to reduce the donor’s tax liability.
Key facts
- Alleged tax evasion
- ₹10,000 crore
- Political parties cited
- 3,260 Registered Unrecognised Political Parties
- Legal provision
- Section 80GGC of the Income Tax Act
- Claimed mechanism
- Donations to political parties can reduce tax liability on the donated amount
- Sources cited
- Investigative journalists and the Association for Democratic Reforms
- Requested action
- A Joint Parliamentary Committee probe
Quotes
Congress MP
A Congress member of Parliament citing investigative journalists and ADR data.
“But if I donate to a political party under Section 80GGC, I do not have to pay tax on that amount; my tax liability becomes zero on that portion.”
timesnownews.com
“To evade income tax, there are 3,260 Registered Unrecognised Political Parties (RUPPs) in our country.”
timesnownews.com
Sources
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