<h1>Income-Tax Department Uncovers Rs. 7,961 Crore Undisclosed Income Post-Demonetization; Assets Worth Rs. 900 Crore Seized.</h1> The Income-Tax Department revealed undisclosed income totaling Rs. 7,961 crore following demonetization, covering the period from November last year to March. Searches were conducted on approximately 900 groups, resulting in the seizure of assets worth over Rs. 900 crore. This was disclosed in a written reply to the Lok Sabha by the Minister of State for Finance. The demonetization initiative, announced by the Prime Minister on November 8, 2016, targeted black money, fake currency, and corruption. Additionally, Rs. 18.70 crore in fake Indian currency notes were seized by state police post-demonetization, compared to Rs. 15.70 crore the previous year.