Blackmoney over Rs 70,000 cr disclosed!

New Delhi: Government has collected around Rs  70,000 cr under the Income Declaration Scheme (IDS). This means that government will earn over Rs 30,000 crore as taxes on this hitherto undisclosed income.The final tally will be announced by Finance Minister Arun Jaitley today. Initial estimates show Hyderabad emerged as a top destination with declaration of Rs 13,000 crore, followed by Mumbai (Rs 8,500 crore), New Delhi (Rs 6,000 crore) and Kolkata (Rs 4,000 crore).

(Agencies)