Government returning 50% of black money to hoarders: Rahul Gandhi - News Summed Up

Government returning 50% of black money to hoarders: Rahul Gandhi


Speaking outside Parliament, Rahul said, "The government has given 50 per cent of the black money back to hoarders again." Congress vice-president Rahul Gandhi on Wednesday accused the government of helping black money hoarders with the amendment to the income tax law, saying half of the unaccounted cash would now be returned to them. The government has given 50 per cent of the black money back to hoarders again, he said outside Parliament. As per the Bill, those who disclose black money to banks will have to pay 50 per cent tax, including surcharge and penalty. Asked about the walkout by the opposition MPs in the Lok Sabha, Rahul said, "There is a practice in Parliament that whenever someone dies we respect them.


Source: dna November 30, 2016 08:43 UTC



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