<h1>Government Intensifies Crackdown on Black Money with New Laws and International Cooperation Initiatives.</h1> The government has implemented several measures to tackle black money, particularly funds hidden abroad. These include establishing a Special Investigation Team, enacting the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, and introducing amendments to the Benami Transactions Act. The government is also enhancing international cooperation for information exchange and prioritizing investigations into overseas black money cases. Efforts include joining global tax evasion initiatives and forming a Multi-Agency Group for coordinated investigations. Despite these efforts, there is no centralized data on black money amounts, and studies on unaccounted wealth are under government review.