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Last Updated: Measures Under Black Money Act Yields Results; Undisclosed Income Of Several Crores Found In a written reply to Lok Sabha question, Junior Finance Minister gave a detailed explanation of illegal money detected in different cases via Black Money Act. Image: PTI/Pixabay Responding to the question related to Black Money, Union Minister of State for Finance Pankaj Chaudhary on Monday, said in the Lok Sabha that as of May this year demand of Rs. 8,216 crore has been raised. In a written reply, Chaudhary also added that an undisclosed amount of several crores has been detected by the Union Government. The Finance Ministry revealed an approximate value of undisclosed income detected so far. 

West bengalUnited statesLok sabhaAutomatic exchange of informationUnion governmentIncome tax departmentJudges of honble supreme courtConstitution of the special investigation teamInternational consortium of investigative journalistsBlack moneyUnion ministerFinance pankaj chaudharyFinance ministryInternational consortiumInvestigative journalistsPanama papers