TIOL-DDT 1464 · Tuesday, 12 October 2010 · story 5 of 5

Rs 84 Crores Advance Income Tax by young Congress MP

A young Congress MP is reported to have paid Rs. 84 Crores as advance of income tax for the current financial year. His expected income for the year should be around Rs. 500 Crores. Politics is certainly a profession and a very lucrative one at that. And this rich MP did not have much time to earn all those Crores as he was busy throughout the year mourning the death of his equally poor father or expanding his political base, but he could ensure that he earned about Rs. 2 Crores per day. Fifty years ago, a rich socialist Maharajah got into trouble for spending his own money for getting his socialist colleagues elected as legislators! Times have changed!