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Govt. of India is planning to bring back the “Compulsory Deposit Act 1963”?

Written by Facto News Desk

Claim: Govt. of India is planning to bring back the “Compulsory Deposit Act 1963”, an act where all tax payers should deposit 18% of their income.

Truth: Indian govt. has denied this fake claim. No such discussions were made. People are advised not to forward fake messages.

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Facto News Desk

FACTO™ is a registered trademark of FACTO Digital Media (OPC) Private Limited, Trademark registered with the trademark registry of India under the Trademark act 1999. FactO News of FACTO Digital Media (OPC) Private Limited is an independent fact-checking platform committed to fighting misinformation/disinformation, false and fake news that we come across social media and mainstream media. We provide our readers with verified facts and educate them on issues that focus on but not limited to political, communal, and social aspects.

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