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"income-tax-india"

  • Black Money Act: Govt raises Rs 35,104 crore in tax and penalties over 10 years

    The government has raised over Rs 35,000 crore in tax and penalty demands under the Black Money Act since 2015, but recovered only Rs 338 crore. No country-specific data is maintained, and 163 prosecutions have been filed till March 2025

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