The Congress on Tuesday questioned the Narendra Modi government over the corporate tax cut that led to a revenue loss of ₹1.84 lakh crore to the public exchequer as per the Parliamentary Estimates Committee report and asked why the middle class was charged at peak tax rate of 30% against 22% for the corporates.
The Parliamentary Estimates Committee is headed by BJP and 12 out of the 16 members also belong to the ruling party.
Congress spokesperson Gourav Vallabh at a press conference at the party’s headquarters in Delhi said that for the last three years the government had repeatedly claimed that the corporate tax cut would help increase the tax collection.
