The Dhaka Times Desk 'Operation Clean Money' campaign started in India last Friday. This is the second phase of the campaign. The first phase started on January 31.
According to media reports, after the success of the first round of operations, the Income Tax Department is now going to send notices to 60,000 people in the second round of operations. After the investigation, 1300 people have already been identified as 'high risk'.
India's Narendra Modi government took tough decisions like demonetisation to find the whereabouts of black money. The demonetization phase is ongoing from November 9, 2016 to December 30, 2016. His next step is Operation Clean Money.
In the first round of demonetisation, undeclared income or black money of Tk 9,334 crore was found till February 28. Income Tax department sent e-mail to 18 lakh people. All of them deposited more than 5 lakh rupees after demonetisation. Last week, the country's Supreme Court told the Center that 5,400 crores of undeclared income has already been traced.