21,000 people declare ₹4,900 cr black money under new scheme
Black money worth ₹4,900 crore was disclosed by 21,000 people under the Pradhan Mantri Garib Kalyan Yojana, the income declaration scheme after demonetisation, a government official said. The I-T Department is now following up the legal proceedings with the declarants in few cases, the official added. The department has collected ₹2,451 crore as tax till now from these declarations.