“The Congress repudiates the Government’s claim and calls upon the Government to take the nation into confidence and disclose what it is doing to bring about normalcy in Jammu and Kashmir,” the two leaders said in the joint statement.
The former Union minister said there can be no comparison between the Congress’s revival after the party lost power post-Emergency and now when it faces a “formidable political machinery called the RSS”
Describing the Modi government’s Goods and Services Tax GST) law as “very, very imperfect”, the Congress leader had said Thursday that it could not be labelled “one nation, one tax” since it had seven or more tax rates.
Stating that GST should have been delayed by two months, the senior Congress leader said the new tax regime should have undergone a dry run before implementation. Chidambaram has been one of the most vocal critics of the Goods and Services Tax, which was rolled out from July 1.
Calling it a bad legislation, Chidambaram said what has been implemented now is neither the real GST that the Congress had designed, nor is it the ideal GST devised by experts.
The worst tendencies of the Indian State and politics and business have found their way into the design of the GST that was launched yesterday. Many of the flaws in the design were the result of forced political compromise, writes P Chidambaram
The first is investment to GDP ratio, the second is credit growth and the third is the number of jobs that were created.
P Chidambaram says the economic growth will further decline if the government does not take corrective measures.
The CBI has filed an FIR against Karti Chidambaram alleging that he had accepted bribe from the INX Media, owned by Indrani and Peter Mukerjea, to help them evade a tax probe when P Chidambaram was finance minister.
The former finance minister said it was “preposterous” to suggest that any member of his family could influence six secretaries of the central government who were part of the FIPB.
One company official who received the summons told The Indian Express that the company has already appeared before the ED but has been unable to give details of what services these two firms — ASCPL and Chess — offered.
The Congress said “revenge has become the DNA of the BJP government”, but none of its leaders or those in the opposition would be deterred out of “fear of the politics of revenge and vendetta.”
The CBI has alleged that the INX Media’s FDI proposal was “deceitful and fallacious” but was approved by then Finance Minister P Chidambaram.
Arun Jaitley said the CBI don’t act unless there is a ‘substantial basis and a reason to suspect’ that there is a tax evasion or a crime has been committed.
“Have set process of investigation in motion. All people whose involvement comes forth, will be investigated,” added CBI.