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News Politics National Rs 2,490-cr tax exemptions given to 10 main political parties in last 5 years

Rs 2,490-cr tax exemptions given to 10 main political parties in last 5 years

New Delhi, Dec 3: Tax-exempted income of the 10 main political parties in the last five years touched a whopping Rs 2,490 crore with Congress and BJP accounting for around 80 per cent of the

rs 2 490 cr tax exemptions given to 10 main political parties in last 5 years rs 2 490 cr tax exemptions given to 10 main political parties in last 5 years
PTI Published : Dec 02, 2012 19:56 IST Updated : Dec 03, 2012 8:29 IST
New Delhi, Dec 3: Tax-exempted income of the 10 main political parties in the last five years touched a whopping Rs 2,490 crore with Congress and BJP accounting for around 80 per cent of the exempted amount, according to official data.



And the income could be more than Rs 2,490 crore since the political parties' income figures between 2007-08 and 2011-12 received from the Income Tax department through an RTI plea does not incorporate the large number of small donations or income below Rs 20,000.