<h1>Over 64,000 Declare Rs. 65,250 Crore Under 2016 Income Disclosure Scheme; First Tax Installment Due Nov 30, 2016.</h1> A total of 64,275 individuals declared undisclosed income amounting to Rs. 65,250 crore under the Income Declaration Scheme, 2016. The scheme requires tax, surcharge, and penalty payments in three installments, with the first due on November 30, 2016. The government has implemented various measures to combat black money, including forming a Special Investigation Team, enacting the Black Money Act, creating a Multi-Agency Group for Panama Papers investigation, and enhancing international information exchange. Other actions include amending laws to confiscate illicit property, launching Project Insight for tax compliance, and withdrawing certain currency denominations. These efforts aim to increase transparency and curb tax evasion.