NEW DELHI: A government amnesty targeting tax evasion in India has prompted tens of thousands of suspected tax dodgers to disclose nearly $10 billion in undeclared income, the finance minister said on Saturday.
The government of Prime Minister Narendra Modi sent out about 700,000 **tices earlier this year to suspected evaders to coax them to declare hidden income and assets, k**wn as "black money" in India, promising they would **t be pursued by authorities if they came clean and paid a penalty.
10-02-2016, 05:31 AM
Indians disclose $10 bn black money in tax evasion amnesty
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