Indians have $216-490 billion black money abroad, panel tells Parliament
Lok Sabha Budget Session: The report on black money does not put out a final figure regarding the amount of the illicit funds stashed abroad or within in the country. The preliminary report was earlier presented to former Lok Sabha speaker Sumitra Mahajan on March 28, a copy of which was also uploaded on the Lok Sabha website following the directions of the committee.
Last Updated: June 25, 2019 | 19:27 IST
Lok Sabha Budget Session: Unaccounted wealth stashed abroad by Indians is estimated to be in the range of $216.48 billion to $490 billion between 1980 and 2010, the Standing Committee on Finance said in a report tabled in 17th Lok Sabha Budget session Monday.