The NDA government's first Cabinet decision, taken on May 27, 2014, saw PM Narendra Modi setting up a special investigation team (SIT), headed by a retired SC judge, to oversee a coordinated crackdown on black money+ , an intent that has marked several administrative and legislative actions since then.
The government has been partly successful, with three amnesty schemes and thousands of searches and surveys by the income tax department, the CBI and the Enforcement Directorate yielding disclosures of more than Rs 1 lakh crore in unaccounted for income.
The NDA government's first Cabinet decision, taken on May 27, 2014, saw PM Narendra Modi setting up a special investigation team (SIT), headed by a retired SC judge, to oversee a coordinated crackdown on black money+ , an intent that has marked several administrative and legislative actions since then.
The government has been partly successful, with three amnesty schemes and thousands of searches and surveys by the income tax department, the CBI and the Enforcement Directorate yielding disclosures of more than Rs 1 lakh crore in unaccounted for income.
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