India’s Black Money Battle: High Demands, Low Recoveries
India’s fight against black money hidden abroad faces a significant hurdle: a massive gap between tax demands and actual recovery. While the government has raised over ₹35,105 crore in tax and penalties under the Black Money Act of 2015, a mere ₹338 crore has been recovered as of March 31, 2025. The Enforcement Landscape Since … Read more