Chandra babu Naidu suggested to the Prime Minister

Naidu protested that the Income-Tax Department was not making public information pertaining to some persons who pay heavy taxes only to launder their black money. Such corrupt persons ought not to be shielded, he said. Information on such persons should be furnished to the public, detailing the source of that income. The letter referred to estimates that Rs 73 lakh crore of illegal money was stashed away in tax havens abroad. If the money were recovered, each poor family in India could be given a payout of `2 lakh.

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