New Delhi: The Supreme Court on Wednesday took on the government on the black money issue saying that the UPA's unwillingness to bring it back had led to increase in taxes and decline in the per capita income.
"For more than 60 years, no government took any action on black money. Had the black money been in circulation in India, the per capita income would have gone up and taxes would have been reduced. The government has not been able to bring back the black money because of which the per capita income has gone down," the court said.
The apex court also rejected a government plea against setting up a SIT team to bring back the black money.
"The court has to step in to bring it back," it said.
The Congress in its poll manifesto on Wednesday announced that it will appoint a special envoy to deal with the issue.
The BJP, however, called it a fraud. "It's the biggest fraud on the people of India that government will appoint a special envoy. The government of India has systematically ensured that the black money in foreign banks are not unearthed because they will suffer embarrassment," party spokesperson Ravi Shankar Prasad said.
Comments
0 comment