As GST Takes Off, PM Modi Presents Stats Of Crackdown On Black Money | Read
On a day after India's biggest tax reform came into force, Prime Minister Narendra Modi on Saturday vowed to continue the crackdown on black money and announced that the government cancelled registration of one lakh firms over the last 48 hours and was probing 37,000 shell companies on suspicions of funneling black money. Also, he said, 3 lakh other companies were under the scanner for suspicious transactions.
