₹5,400 cr undisclosed income detected post demonetisation
MoS for Finance Santosh Kumar Gangwar has informed that the undisclosed income detected following the demonetisation decision till January 10 was over ₹5,400 crore. Further, the Income Tax department conducted over 1,100 searches, seizures, and surveys since November 8 last year, the day when the demonetisation decision was announced. Valuables worth ₹610 crore were also seized, Gangwar added.