Income declaration scheme, 2016

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Income declaration scheme, 2016 was a scheme introduced by Narendra Modi led Government of India to unearth black money and bring it back into the system.

Provisions

Among the total declarations made under the Income declaration scheme, 2016, a total of ₹138.6 billion (US$2.1 billion) was declared by a single individual Mahesh Shah of Ahmedabad, Gujarat.^[1]

See also

• Voluntary Disclosure of Income Scheme

References