Income Tax department wants more secret funds

PUBLISHED ON: November 11, 2011 | Duration: 2 min, 15 sec

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As growth slows down in India and revenues dry up, the government is increasingly looking at unexplained cash seizures to fund its developmental schemes. And at such a time, the Central Board of Direct Taxes is planning to approach the Finance Ministry for more secret funds to track down black money with the help of informers.
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