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No estimates of undeposited black money in old notes: Govt

No estimates of undeposited black money in old notes: Govt

Friday, April 7, 2017, 5:21 PM

"There is no official estimation of the amount of black money in form of old Rs 500/1000 that have not been deposited during the course of demonetization drive," Minister of State for Finance Santosh Kumar Gangwar said. Cash deposits of more than Rs.5 lakh were made in 23.87 lakh accounts between November 8 and December 30, 2016, in the period of demonetization, Gangwar said.
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