NEW DELHI: Indian tax authorities have unearthed $12.3 billion (Rs 660 billion) of unaccounted money, the finance minister told Lok Sabha on Wednesday, as part of the government's efforts to curb tax evasion.
Pranab Mukherjee was replying to a debate on illicit funds or black money in the Lok Sabha.
Mukherjee also said the government had signed agreements with 60 countries to share information about tax evasion and was in the process of signing agreements with 15 more nations.
Knowledge is power if you organize, plan, action and direct to a definite end.
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