Rs. 4,147 crore black money disclosed under new law

By Abha Manakatala - Mon Oct 05, 12:23 pm

Representational Picture Courtesy

Representational Picture Courtesy

The Union Government today said Rs 4,147 crore has been disclosed under the black money compliance window, higher than Rs 3,770 crore stated earlier.

Revenue Secretary Hasmukh Adhia said while the total number of disclosures is 638 as stated last week, the total illegal foreign assets brought to book stands at Rs 4,147 crore.

The government’s total tax receipt from the black money declared during the window will be Rs 2,488.20 crore.

The government had on October 1 said that Rs 3,770 crore of black money was declared during the compliance window.

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