Archive · 6 Aug 2025
India's I-T Department Finds ₹30,444 Crore Undisclosed Income
The Indian government is catching people who aren't reporting all their income.
The Income Tax Department looked into many cases in the current fiscal year.
They found a lot of money that people hadn't told the government about.
They also searched various groups and took some assets.
A government minister shared these details in Parliament.
Income Tax Department conducted 465 surveys in FY25.
Undisclosed income of ₹30,444 crore was detected in FY25.
1,437 groups were searched in FY25.
Assets worth ₹2,504 crore were seized in FY25.
Minister of State for Finance provided the information to Parliament.
- Who
- The Income Tax Department and the Minister of State for Finance.
- What
- The Income Tax Department detected ₹30,444 crore in undisclosed income in the 2024-25 fiscal year.
- When
- The information pertains to the 2024-25 fiscal year, as reported on Tuesday.
- Where
- India
- Why
- To bring undisclosed income to tax and enforce tax regulations.
Taxpayers
Government
Tax Compliance
Taxpayers
Taxpayers may face scrutiny and penalties for failing to declare all income.
Government
The government aims to ensure everyone pays their fair share of taxes.
- Surveys in FY25
- 465
- Undisclosed Income Detected (FY25)
- ₹30,444 crore
- Groups Searched (FY25)
- 1,437
- Assets Seized (FY25)
- ₹2,504 crore
