They are the ones who refused to avail of the black money disclosure window. According to the former income-tax chief, the quantum of black money recovered from demonetisation would be clearer only after five years. The Enforcement Directorate administratively comes under the ministry of finance, not the PMO.No one doubts the seriousness of the Central government in cracking down on black money, starting with demonetisation. Former CBDT chairman Sudhir Chandra recommends even bolder decisions to curb black money at the sources. Over to the sequel to the note ban, this time to choke the generation of black money at source.

Source: Economic Times April 08, 2017 18:31 UTC