Bro, these figures doesn't matter to Bjp, rss and their related organisations.The impact of Demonetisation has been felt on collection of personal income tax. Its collections were higher in Financial Year 2018-19 (till 31-10-2018) compared to the previous year by 20.2%. Even in the corporate tax the collections are 19.5% higher. From two years prior to Demonetisation, direct tax collections have increased 6.6% and 9% respectively. In the next two years, post Demonetisation the increase by 14.6% (part of the year before impact of Demonetisation in 2016-17) and an increase of 18% in the year 2017-18.
- Arun Jaitley
What Jeitley has told is true , but yet Again ill-informed data.
Check the graph.
Financial Year wise increase in Income tax collection during Cong & BJP rule
Congress :
FY 2009-2010 - 13%
FY 2010-2011 - 18%
FY 2011-2012 - 11%
FY 2012-2013 - 13%
FY 2013-2014 - 14%
BJP :
FY 2014-2015 - 9%
FY 2015-2016 - 7%
FY 2016-2017 - 15%
FY 2017-2108 - 18%
Congress without any disaster decisions like demonetization have achieved better increase in Income Tax collection than BJP.
Average increase in Income Tax collection by Congress - 14%
Average increase in Income Tax collection by BJP - 12% , with Demonetization
Tell me which is good governance? Increasing the tax collection without affecting citizens or the other one which broken the spine of the economy?
Data Source : Income tax India
#DemonetisationDisaster #Jaitlie
Subramaniyam Swami has admitted (With full confidence) to- The Quint that "There is not a single person in cabinet, whom has an iota of knowledge about economics.Elections are not won over economic prosperity.
Had it been so, Atal Bihari Vajepayee would not have lost in 2004 General elections.
We will divide muslim voters(by Shia vs Sunni; will further go for Wahabis vs anti wahabi, triple talak etc issues),
only then can NDA get majority again".
The ongoing naamkaran process is a part of their strategy.
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