LIE: Then (after demonetization) we found three lakh companies, which were only shell companies


Modi Lies

The irony is that according to a press release by the Ministry of Finance on 28th July 2017, the companies removed from the Register of Companies stood at 1,62,618 (as on 12.07.2017). The entire document mentions nothing about demonetization. This was another failed attempt to justify the horror of demonetization. Between 2013-14 to 2015-16, only 1155 shell companies […]

August 15, 2017

LIE: This year, see the results, from 1st April to 5th August more than 56 lakh people filed personal income tax returns. Last year in the same period it was just 22 lakh


Modi Lies

Mr. Modi completely ignored that the data has been cherry picked according to his whims. The comparison is baseless. The 22 lakh figure he is quoting is from 1st to 7th September, 2015. In FY 2016-2017, the rise in returns filed stood at 24.30% while for the year 2017-18 (from 1st April – 5th August) […]

August 15, 2017

LIE: According to the research conducted by outside experts, about Rs 3 lakh crores that had never come into the banking system before, has been brought into the system after the demonetization.


Modi Lies

PM has once more made claims which are baseless. While the Finance Ministry has repeatedly said that there is no official data on the quantum of black money. Moreover, when the statement was made, the RBI had not finished the counting of notes, final data of which is still not available. One may wonder how […]

August 15, 2017