Detection of Black Money up by 15.5 Times in 15 years

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SIT on Black Money Charts Road Map www.ambitionias.com
  • The nationwide crackdown on black money has jumped by 15.5 times over the past five years.
  • National undisclosed income jumped from just Rs. 5,894 crore in 2011 to Rs. 90,391 crore in 2014.
  • The undisclosed income detected in 2012 was Rs. 6,573 crore and Rs. 19,337 crore in 2013.
  • The data for 2015 has not been fully collated, but the number stood at Rs. 1,900 crore in the first couple of months of the financial year, tax officials said.
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