Rs.34,000 crore in taxes from money kept abroad: Pranab

March 1st, 2011 - 1:31 am ICT by IANS  

Pranab Mukherjee New Delhi, March 1 (IANS) Finance Minister Pranab Mukherjee Monday said the government has received Rs.34,000 crore (Rs.340 billion/$7.5 billion) this year from levies on Indians who had kept their money abroad.”We levied Rs.34,00 crore extra tax on persons who had kept money abroad. This year, the money has come,” Mukherjee told private Bengali news channel Star Ananda, replying to a query on the steps initiated by the United Progressive Alliance (UPA) regime to unearth black money.

He said the government also prevented from Rs.34,000 crore to Rs.35,000 crore from being sent abroad.

“Besides, we conducted raids, search and seizure operation at various places and got another Rs. 1,500 crore of additional tax,” Mukherjee said.

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