157 Race to declare assets: Rs 13,000 cr worth black money declared from Hyderabad alone
With the deadline for Indians to disclose their hidden black money under the Income Declaration Scheme (IDS) 2016 finished on Friday, reports suggested that the total amount declared was over Rs 65,000 crore. India Today reported that the department would recover tax worth around Rs 30,000 crore in its kitty (at 45 per cent) on the declared amount. However, in a surprising turn of events, Mumbai came second in declaring […]