Social Scientist. v 5, no. 49 (Aug 1976) p. Back material.


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NATION REGAINS SPIRIT OF ADVENTURE 1975-76

Drive Against Black Money

^ The underworld of smugglers smashed.

Top smugglers behind the bars; 42 smugglers declared absconding and their property seized.

^ Ceilings clamped on vacant urban land. Transfers within ceilings forbidden.

^ Limits on area of dwelling units set. Valuation of luxury houses to nab tax evaders. Direct taxes collection up by 27.4 per cent since July 1975, following tax raids.

^ Income and wealth exceeding Rs. 15,870 million disclosed by over 250,000 declarants under Voluntary Disclosure Scheme, Tax revenue Rs. 2,490 million.

davp 76/90



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