‘Stone King’ Tulu Mondal paid over Rs 200 crore in income tax in 5 years, political row intensifies
New Delhi: Income tax records linked to Birbhum businessman Mohammad Najibuddin, popularly known as Tulu Mondal, have revealed that he and his companies paid more than ₹200 crore in income tax over the past five years, according to claims by people close to him.
Known as the “Stone King” of Birbhum, Tulu Mondal had built a large business empire through multiple companies involved in the stone and infrastructure sectors, reportedly securing road construction contracts across several districts. He was also regarded as one of the district’s highest income tax payers.
According to income tax documents, one of his firms, Mandal Stone Product Private Limited, reported an income of Rs 43.20 crore during the 2024–25 financial year and paid Rs 11.52 crore in income tax. In the 2025–26 financial year, the company’s income rose to Rs 57.71 crore, with income tax payments of Rs 15.89 crore.
The records also show that Tulu Mondal’s wife, Firoza Begum, reported an income of Rs 4.32 crore during the 2025–26 financial year and paid Rs 1.71 crore in income tax.
The financial disclosures have come amid an ongoing investigation into Tulu Mondal’s alleged illegal assets. Authorities are examining the financial transactions of his companies to determine the source of funds and the nature of their business dealings. According to reports, police, intelligence agencies and Income Tax Department officials are scrutinising records related to multiple firms linked to him.
The revelations have sparked a political war of words in West Bengal. BJP leaders have demanded that investigators also examine the financial assets of Tulu Mondal’s relatives, while Union Minister of State for Education Sukanta Majumdar questioned how a former daily wage labourer allegedly became one of the district’s largest taxpayers, calling for a thorough investigation.
Reacting to the controversy, Trinamool Congress leader Kunal Ghosh said the Income Tax Department should have monitored the businessman earlier if his companies had generated such large revenues. He questioned why only a few political names were being repeatedly highlighted before the investigations were completed.
CPI(M) leader Kaltan Dasgupta said that while the income tax payments reflected official business activity, investigators should also examine allegations of illegal earnings and ensure that any unlawfully acquired wealth is recovered through due legal process.
The investigation into Tulu Mondal’s assets and financial transactions is currently underway, and authorities are yet to announce their final findings.