Thursday, October 1, 2015

No Rs 15 lakh in bank accounts – BJP’s poll promises on black money remain a dream


It is a real anti-climax – the admission of the CBDT that only 638 people have come out in open and declared an amount of Rs 3,770 crore as a part of the one-time compliance window for disclosing black money is far removed from the poll promises of BJP that they would bring back all black money stashed abroad within 100 days of taking over office. This has been revealed in zeenews.india.com dated 2 October 2015.
Obviously, the common man’s dream of getting Rs 15 lakh credited to his bank account sound hollow now and will remain a dream. In this connection, excerpts of report published in financialexpress.com dated 29 October 2014 is relevant – ‘ … the Bharatiya Janata Party (BJP) leaders were declaring from the rooftops that the black money stashed abroad will be brought back within 100 days. (But) when it came to declaring the names, they just released three. … Ramdev had said that more than 50,000 people have stashed money away in foreign banks and (prime minister) Narendra Modi had said during the election campaign that Rs 15 lakh will be deposited in the bank accounts of all Indians once the black money is recovered… ‘ Incidentally, there are 442 crorepatis in the 16th Lok Sabha with the BJP leading the crorepati club with 237. Its ally Telugu Desam Party has the richest member, whose assets cross Rs 683 crore. As to other parties, the Congress has 35 crorepatis, the AIADMK 29 and the Trinamool Congress 21. The figures speak for themselves – very seldom is one born a crorepati. It takes plenty of guile to create the crores and, stashing them in foreign banks is the solution. Therefore, trying to unearth and bring the defaulters to book would be a really uphill task. (Image courtesy wikimediacommons.org)

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