Hindustan Times ST (Mumbai) - Live

Modi: Tax officials won’t harass small traders, factory owners

Prime Minister points to Indira’s refusal to demonetise, says Cong puts party above nation

- HT Correspond­ent

NEW DELHI: Tax officials will not examine “old records” of small tradersand­factoryown­ersshould theygodigi­talwiththe­irbusiness, Prime Minister Narendra Modi saidonFrid­ay,seekingtoa­llayfears of harassment among a chunk of the BJP’s traditiona­l voters.

Modi’scommentsc­ameafterth­e RSS and several BJP lawmakers warned the party leadership this weekthatth­ecashcrunc­hfollowing the recallof high-valuebankn­otes couldharmt­heparty’sprospects­in next year’s assembly polls. RSS is the BJP’s ideologica­l fount.

Also, an internal survey on medium and small scale industry by an RSS affiliate showed that nearly 70% of respondent­s complained their business was hurting from the scrapping of 500-and 1000-rupee notes.

“Some traders think after going digital they will register higher turnover. And then tax people will come and say, if in December you have done business of Rs2 lakhs then why did you show just 20,000 turnover in July,” Modi said at the BJP’s parliament­ary party meet. “I have told officials not to do postmortem­of oldrecords.Otherwise, you can’t bring anyone into the mainstream.” Modi said factory owners also pay many workers in cash to hide their scale of operations and avoid legal hassles.

“I have told labour ministry no records before 8 November will be reopened.Thisoffice­rshahiwill­not be done. We want to make people free from officersha­hi.”

ThePMrefut­edallegati­onsthat demonetisa­tion was done without homework. “We make full plans. Wedon’tactpiecem­eal.Lekinpatta dheeredhee­rekholteha­in,”hesaid. Headdedtha­tsomedayba­nkloans will be secured in six minutes, just on the basis of a business’s digital records. Attacking the Congress for opposing demonetisa­tion, Modi narrated how in 1971 then PMIndiraGa­ndhirefuse­dtoscrap high-value banknotes for fear of losing elections.

 ?? PTI/PIB PHOTO ?? Prime Minister Narendra Modi meets a delegation of Congress leaders led by party vice-president Rahul Gandhi in New Delhi on Friday.
PTI/PIB PHOTO Prime Minister Narendra Modi meets a delegation of Congress leaders led by party vice-president Rahul Gandhi in New Delhi on Friday.

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