Govt’s email id for black money tip-offs flooded with 4,000 messages

The email id was launched by Revenue Secretary Hasmukh Adhia on Friday.

The government’s demonetization drive has led to a slew of arrests for money laundering. But there could be many more in line as the whistleblower email address for black money tipoffs has reportedly been flooded with at least 4,000 messages since Friday.

The email id, blackmoneyinfo@incometax.gov.in, was launched by Revenue Secretary Hasmukh Adhia on Friday. “A new email ID has been created for people to give information on black money to tax authorities,” Adhia announced during a press briefing.

The government has also created a cell which will be responsible for taking immediate action of the tip-offs it receives at this email address.

"We are getting a good response," ET quoted an official from finance ministry as saying.

In addition to the newly created email id, the Income Tax (I-T) department is getting crucial information on a daily basis about deposits in bank accounts and other undeclared income through the Financial Intelligence Unit (FIU), part of the finance ministry. The government is already acting on the FIU information.

"The system is capturing a lot of data," the official told ET. "We are able to get daily reports on deposits made and that is the reason agencies have been able to carry out focussed action."

If you know any black money hoarder, you may also shoot off a mail to blackmoneyinfo@incometax.gov.in

Source: ET


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