Normally pro-Modi, Baba Ramdev has made a shocking attack on Modi government, saying black money has increased under the BJP dispensation.
He was speaking in ABP News programme Press Conference, which will be telecast at 8 pm today. He said black money is of two types-one that emanates from scams and others by tax evasion.
He didn’t tell when PM Modi’s promise of giving Rs 15 lakh to every citizen would be fulfilled, but he said he had full faith on the government.
The Centre announced that only 638 taxpayers had declared
undisclosed foreign assets worth Rs 3,770 crore -demolishing the tall claims of the government on bringing back all the black money supposedly stashed abroad.
The finance ministry said in a statement that the figures were subject to final reconciliation. The compliance window for making the declarations had been open for three months between July 1 and midnight of September 30.
The taxpayers who have disclosed foreign assets will have to pay a 30 per cent tax and a 30 per cent penalty on the declared amount.
The government is likely to receive Rs 2,262 crore by December 31.
The payout is just over Rs 18 per Indian – a far cry from the Rs 15 lakh that was seared into the collective psyche during the heat and dust of last year’s general election.
