Thursday, Apr 18 2024 | Time 22:30 Hrs(IST)
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India


Cong says Finance Bill gives IT officials license to “raid, harass & prosecute”, fails to ensure ‘probity’ of political donations

New Delhi, Mar 25 (UNI) Alleging that the Finance Bill 2017, moved by Finance Minister Arun Jaitley in the Lok Sabha earlier in the week and passed by the Lower House, had unleashed a sordid culture of ''Tax Robbery' and 'Raid Raj', the Congress today said amendment to Income Tax Act in the Bill provides draconian powers to the Income Tax department to raid businesses and individuals if they have "reason to believe”.
Questioning the intentions of the NDA Governemt in ensuring ‘probity’ and accountability’ in political donations, AICC media incharge Randeep Surjwewala, in a statement, alleged that the Finance Bill enables anyone including a foreign individual/entity, to donate money to political parties anonymously through the instrument of "Electoral Bonds”.
He also termed the Finance Bill merging together eight different tribunals as “an assault on the integrity of such judicial/quasi judicial bodies, which can now be filled at the 'whims and fancies' of the executive”.
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First phase of LS polls to begin with voting in 102 constituencies across 21 states tomorrow

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Youth Environmental Summit 2024 highlights importance of conservation

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