No estimate of undeposited black money in old notes, says government
There is no official estimate of black money held in scrapped Rs 500 and Rs 1,000 notes that have been left undeposited with banks during the demonetisation period.
“There is no official estimation of the amount of black money in form of old Rs 500/1000 that have not been deposited during the course of demonetisation drive,” Minister of State for Finance Santosh Kumar Gangwar said in a written reply in the Lok Sabha. Cash deposits of …read more