CII wants Democracy Cess

By Vijay Kumar

CONFEDERATION of Indian Industry's (CII) Task Force on Electoral Reforms has recommended that all income tax payers in the country including corporates, traders, individuals, institutions, organizations, trusts and societies should give 0.2 per cent of their income tax for funding political activity and elections. The cess should be paid directly by the tax payer by cheque into the account of any political party of his or her choice recognized by the Election Commission.