The Arun Jaitley vs Arvind Kejriwal face-off over demonetisation on Twitter has received 457 replies, 585 retweets, 620 likes. The exchanges went from brutal to soft. It all started when Delhi Chief Minister tweeted accusing the Narendra Modi government of forcing people to stand in long queues while providing a way out to black money holders. He was criticising amendments to Income Tax Act tabled in Lok Sabha on Monday. Union Finance Arun Jaitley promptly replied saying “Factually incorrect statements have been made by @ArvindKejriwal in relation to changes proposed in the Taxation Law.” The Taxation Laws (Second Amendment) Bill, 2016 also proposed to introduce a scheme named the ‘Pradhan Mantri Garib Kalyan Yojana, 2016’ (PMGKY), under which the declarant will have to pay a tax of 30 per cent on the undisclosed income, a penalty of 10 per cent and a surcharge called ‘Pradhan Mantri Garib Kalyan Cess’ of 33 per cent on the tax payable. In addition to the taxes, penalty and cess, which totals up to around 49.9 per cent, the declarant will have to deposit 25 per cent of undisclosed income in an interest-free deposit scheme called the Pradhan Mantri Garib Kalyan Deposit Scheme, 2016. This money, which will be locked-in for four years, will be utilised for irrigation, housing, construction of toilets, infrastructure, primary education, primary health, livelihood, a finance ministry release said. The deposit scheme will be notified by the government in consultation with the Reserve Bank of India.
But exchange of tweets soon drew attention of Twitterati and jibes were lobbed. Check out a few reactions.
— Ishant Sharma (@CrimeMasterV2) November 30, 2016
— Dhiraj (@AAPlogical) November 30, 2016
— kapil Pratap singh???? (@kapil9994) November 30, 2016
— Dhanesh (@kalukhe) November 30, 2016
— Jignesh Rawat (@81_jignesh) November 30, 2016