Man deposits â¹246 cr black money, to pay â¹110 cr tax: Report
A Tamil Nadu businessman reportedly deposited â¹246 crore cash in old notes in a bank after which Income Tax officials tracked and convinced him to join the Pradhan Mantri Garib Kalyan Yojana. He agreed to pay about â¹110 crore in tax on the unaccounted money. Over 200 Tamil Nadu entities have reportedly deposited â¹600 crore in unaccounted money since demonetisation.