Highlights 1 Rs 65,250 crore declared in 64,275 declarations made under IDS: Jaitley. 2 India Today rightly estimated tax amount to be over Rs 65,000 crore. Finance Minister Arun Jaitley today briefed the media about the outcome of the Income Declaration Scheme 2016 (IDS-2016). Undeclared income and assets worth Rs 65,250 crore have been declared in 64,275 declarations made under under the domestic black money compliance scheme or IDS, Jaitley tweeted. 65250 cr : FM Arun Jaitley pic.twitter.com/zyf0F6FXSP — ANI (@ANI_news) October 1, 2016"I-T department has received Rs 16,000 crore from tax evaders.

Source: India Today October 01, 2016 11:15 UTC