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Indian Economy

Black money worth Rs. 4,900 crore was disclosed by 21,000 people under the Pradhan Mantri Garib Kalyan Yojna (PMGKY), the stash money declaration window announced by the government post demonetisation, an official said on Thursday.

The Income Tax Department, a top government official told PTI, has collected a tax of Rs. 2,451 crore till now from these declarations.

“These are now the final figures,” the official said, adding that the I-T department is following up legal processes.

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