Income tax department has filed 107 cases on black money stashed overseas: Govt

The government on Monday told Parliament that the income tax department has filed over 10,000 cases with 107 related to black money stashed overseas. Responding to a question in Lok Sabha, junior minister for finance Pankaj Choudhury said till the end of May, in the Panama Papers cases, undisclosed credits of Rs 20,078 crore have been detected, with another Rs 246 crore detected in the Paradise Papers cases.

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