Chidambaram said that a Rs 25 cut in the prices of the two major petroleum products was possible, however, the Government was cheating its own citizens.
"The buzz in Delhi is that Nirmala Sitharaman will be removed as Defence Minister and appointed as lawyer of the Income Tax Department. Welcome to the bar, Sitharaman," tweeted Chidmabaram, a senior lawyer himself.
Addressing a press conference on the issue, Sitharaman claimed that Chidambaram didn't disclose its investments to tax authority, violating Black Money Law, which was brought by Modi govt as part of its drive against black money and to prosecute those Indians who have secretly stashed illicit wealth abroad.
The charge-sheets or prosecution complaints have been filed by the department before a special court in Chennai under Section 50 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, officials said.
The matter pertains to the legal fee allegedly paid to Nalini by the Saradha group over a television channel purchase deal.
Karti, the arrested son of former Union minister P Chidambaram, had moved the high court seeking bail, hours after a court here sent him to judicial custody till March 24.
A special CBI court in Delhi extending Karti Chidambaram's CBI custody till March 12 during which he will be confronted with his chartered accountant S Bhaskararaman.
Prasad also said that the model code of conduct clearly states that any favour, relief for anyone with respect to taxation cannot be done without the permission of the Election Commission.
Earlier, a Delhi court gave the CBI custody of former Finance Minister P Chidambaram's son for questioning till March 6 in connection with the case.
Karti Chidambaram, arrested in the INX Media case, was today remanded to five days of CBI custody by a Delhi court.
The Congress also said that the arrest made from Chennai on Wednesday in connection with an FIPB clearance case, will not deter the party from bringing out the truth before the people.
Chidambaram, who is also a senior advocate, has claimed in his plea that as part of "political vendetta", CBI and ED have made "vexatious" searches and issued repeated summons in these cases.
Chidambaram, who served as the finance and home minister in the UPA government, wrote on Twitter, "For participants in the Global Business Summit: best decadal growth was under the UPA government between 2004 and 2014."
P Chidambaram said that every economist of the government is speaking against the Union Budget provisions.
Alleging that the country's economy was limping under the NDA rule, he said the government would contribute a new word to the Oxford English dictionary -- "jumla" (gimmick).
Indian economy under the BJP rule since 2014 has covered the journey from policy paralysis to structural reforms which have taken out the economy from being in fragile five to being a bright spot, Jaitley said.
P Chidambaram witnessed continuous ruckus and sloganeering by ruling BJP members who sought an apology from Congress for such disruptions during the PM's speech in Lok Sabha yesterday.
Sources in the ED said the document was seized by the sleuths of the agency on January 13 from the Jor Bagh premises of the Chidambaram family.
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