https://www.taxtmi.com/news?id=21452 The report analyses the status of unaccounted income and wealth, defines unaccounted income as activity that circumvents regulation and taxation, summarises estimation methods (monetary, global indicator, MIMIC and survey methods) and records widely divergent estimates from three commissioned studies, concluding credible aggregate measurement in India is currently not possible. It identifies high risk sectors, describes mechanisms of illicit outflows, and outlines legislative, administrative and international measures adopted to detect and deter black money, while calling for further inquiry and follow-up on SIT reports and study recommendations. en-us Mon, 24 Jun 2019 12:50:06 +0530 Wed, 11 Feb 2026 15:58:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21452 The report analyses the status of unaccounted income and wealth, defines unaccounted income as activity that circumvents regulation and taxation, summarises estimation methods (monetary, global indicator, MIMIC and survey methods) and records widely divergent estimates from three commissioned studies, concluding credible aggregate measurement in India is currently not possible. It identifies high risk sectors, describes mechanisms of illicit outflows, and outlines legislative, administrative and international measures adopted to detect and deter black money, while calling for further inquiry and follow-up on SIT reports and study recommendations. News - Mon, 24 Jun 2019 12:50:06 +0530 https://www.taxtmi.com/news?id=21452