TIOL-DDT 2322 · Thursday, 27 March 2014 · story 7 of 8
Political Parties Set Up to Evade Tax - Election Commissioner
By Vijay Kumar
ELECTION Commissioner HS Brahma yesterday said at a CII meeting that 90 per cent of the 1,600 political parties registered with the Election Commission had been floated to evade tax. He said that most of the parties did not fight the real battle but used the front of a political party to get income tax exemption and purchase jewellery, houses, plots of land and do sundry other business activities.