Department of Revenue claimed that it has been fighting successful crusade against black money with the help of concerted & co-ordinated actions of Law Enforcement Agencies (LEAs).
In the coming days the department promises intense action tax money launderers & tax evaders who will in turn have to pay a heavy cost for their deviant behaviour. In order to plug the loopholes and strengthen penal provisions relevant laws and rules have been streamlined & tightened.
Steps to track & curb cash transactions
Steps taken to curb black money by various Departments: