8 years, 3 months ago

No post-mortem of records of small traders, factories before note ban: PM Modi

Tax officials will not examine “old records” of small traders and factory owners should they go digital with their business, Prime Minister Narendra Modi said on Friday, seeking to allay fears of harassment among a chunk of the BJP’s traditional voters. Highlights Tax officials will not examine ‘old records’ of small traders and factory owners should they go digital with their business, PM said His omments came after concerns the cash crunch after demonetisation could harm the party’s prospects in assembly polls Attacking the Congress, Modi also narrated how in 1971 then PM Indira Gandhi refused to scrap high-value banknotes Read: Keep meeting me, says Modi as Rahul takes Cong delegation to him “Some traders think after going digital they will register higher turnover. Otherwise, you can’t bring anyone into the mainstream.” Modi said factory owners also pay many workers in cash to hide their scale of operations and avoid legal hassles. “Senior IAS officer Madhav Godbole has written in his book “when finance minister YB Chavan told Indira Gandhi about the proposal and that it should be accepted, Indiraji asked, “Are no more elections to be fought by the Congress party?” Read: Rahul’s meeting with PM Modi splits Oppn as winter session ends Senior Congress leader Ahmed Patel hit back at Modi.

Hindustan Times

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