As IT raids increase, black money takes the Bangladesh route


newnotes1Bengaluru, Dec 23: The Intelligence Bureau has suggested enhanced security along the border areas to prevent black money in new notes from being sent abroad. There is specific intelligence that suggests several persons are sending their black money in new notes to Bangladesh.
The Income Tax Department has stepped up the heat which has prompted black money hoarders to send their money abroad. The first clues were received when the Border Security Force seized Rs 29.70 lakh in new Rs 2,000 notes at Nokchi in West Garo Hills District in Meghalaya on Thursday.

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Author: Vicky Nanjappa

just a reporter

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