Weeks before the dates of the general elections are announced, the Congress declared today that the Income Tax department has frozen the party’s bank accounts, including those of the Youth Congress.
The action has deemed a “disturbing blow to the democratic process” party treasurer Ajay Maken said. According to reports, the Income Tax department’s tax demand of ₹ 210 crore is what sparked the freeze. The Congress believes this action is politically motivated and deliberately timed to interfere with the party’s election preparations.

“This is a one-rule party; democracy does not exist, and the main opposition party has been weakened.” We look to the courts, the media, and the people for justice,” Mr. Maken stated.

The party’s attorney, Vivek Tankha, stated that four accounts in total have been impacted by the account freezing, which the party found out about yesterday. Checks from Congress are not to be accepted or honored by banks, and the frozen money is to be reported to the Income Tax department.

“We don’t have any money to spend right now. Everything is affected, including our Nyay yatra, staff salaries, and electricity bills. It’s evident from the timing, he said. “We have only one PAN, and the four accounts are all linked.”
Also, the action was taken just hours after the Supreme Court invalidated the electoral bonds program in a historic ruling. When the government unveiled the electoral bonds program on January 2, 2018, it was thought to be a way to improve transparency in political funding and take the place of cash contributions.