New Delhi: As much as ₹65,250 crore of black money was declared during the four-month compliance window of the Income Declaration Scheme that ended on September 30, finance minister Arun Jaitley said on Saturday in New Delhi.
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.
As per the Modi manifesto, any black money received would be divided by the population and the amount would be credited into the beneficiary’s account. But for this to work, the beneficiary should have a bank account.
Many people have started receiving the ₹ 522, which they deserve according to this policy. People who don’t have a bank account are lining up outside banks for opening one, so that even they can get this pleasant surprise from the government.
Modiji has also promised that the amount transferred will be tax free. He has given a tight slap on the face of Congress who were mocking him for this policy on black money, though they had launched a very similar policy way back in 1997, nicknamed VDIS.
But there are people who still are waiting for the ₹ 15 lacs promised into their accounts. Many people had left their jobs in anticipation of receiving that amount. Let’s see whether those Acchhe Din, that were promised, would be actually delivered.
(Also published by me here.)