With Rs 13,000 crore, Hyderabad tops list of black money declarations

TIL Desk/Business/New Delhi-Hyderabad, Mumbai and Delhi made up for almost half of the more than Rs 65,000 crore worth of black money declarations made across the country during the four-month window that closed on Friday, according to at least two tax officers.

The officers said while Hyderabad topped the list with Rs 13,000 crore, Mumbai and Delhi received disclosures worth over Rs 8,000 crore each. Andhra Pradesh and Telangana saw declarations worth close to Rs 19,000 crore, approximately 30 per cent of the disclosures under the scheme, the officers said Northeast saw disclosures worth Rs 1,000 crore, while Odisha and Kerala saw the least response with declarations under Rs 500 crore, they added.

The Central Board of Direct Taxes has not released any state-wise break-up of the declarations to maintain confidentiality. It clarified on Saturday in a tweet that ‘… no official list of region-wise declarations has been issued. The department is committed to maintain strict confidentiality’. A list of the break-up was doing the rounds on social media. But the CBDT said: ‘The CBDT requests general public not to pay any heed to such fraudulent messages circulating on the social media’.