CBDT Sets Aggressive Rs 2.4 Lakh Crore Target to Unearth Black Money in FY 2025-26

CBDT (Central Board of Direct Taxes) has set an ambitious target of ₹2.4 lakh crore for unearthing black money in FY 2025-26. This aggressive target signals the government's continued focus on combating tax evasion and recovering unaccounted wealth. Achieving this goal would likely involve enhanced scrutiny, stricter enforcement measures, and leveraging data analytics to identify potential cases of black money. The success of this initiative will depend on the effectiveness of the strategies and resources deployed by the tax authorities in the coming financial year.