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Govt Raises ₹35,104 Crore Tax Demand Under Black Money Law

Government Raises ₹35,104 Crore Tax Demand Under Black Money Law Why in News ? The Indian government raised a tax demand of ₹35,104 crore under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 over the last decade, but actual recovery remains low at ₹338 crore. Tax Demand and Recovery …

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