There is no official estimation of dark coin either before or afterward Nov 8 -- the twenty-four hr menses regime announced scrapping of onetime Rs 500 together with Rs 1,000 notes, Finance Minister Arun Jaitley said today.
"There is no official estimation of the total of dark coin either before or afterward the government's determination of Nov 8, 2016 declaring that bank notes of denominations of the existing serial of the value of Rs 500 together with Rs G shall cease to endure legal tender alongside lawsuit from Nov 9," he said inwards a written respond inwards Lok Sabha.
The searches conducted yesteryear Income Tax Department betwixt Apr 2014 together with Nov 2016 on 1,356 groups of assessees led to admission of undisclosed income of Rs 31,277 crore apart from seizure of undisclosed assets worth Rs 2,164 crore, he added.
Besides, 14,044 surveys conducted during the period, resulted inwards detection of undisclosed income of Rs 30,492 crore.
Replying to or together with hence other inquiry on whether the regime has received whatever proposal from the employees of LIC to supply or together with hence other chance to those who conduct keep non chosen pension pick earlier, Jaitley replied inwards affirmative.
"The proposal was examined together with a persuasion has been taken that no to a greater extent than options for pension may endure extended to employees of populace sector insurance companies," he said.
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