"I compliment all those who chose to be tax compliant in IDS-2016. This is a great contribution towards transparency & growth of the economy," PM Modi tweeted, a day after the scheme, which had a compliance window of 4-months, came to a close.
The Prime Minister complimented Finance Minister Arun Jaitley and his team at the Finance Ministry for the "hard work" resulting in the successful outcome of IDS-2016.
He said Revenue Secretary Hasmukh Adhia, CBDT Chairperson Rani Nair and their teams had put in tremendous effort on all aspects relating to IDS-2016. "Congrats to them", he added.
Earlier, Mr Jaitley said 64,275 declarations were made in the four-month window and this figure could go up once all the declarations filed online and manually are compiled.
The government had provided illegal income and asset holders a one-time opportunity to come clean by declaring their blackmoney under the four-month window and pay 45 per cent tax and penalty.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)