India's tax dodgers still hiding hundreds of billions

Where 97% don’t pay income tax

India’s promise not to prosecute tax dodgers if they reveal their wealth has persuaded very few to come clean.

More than $ 9.8 billion in previously undisclosed income was netted during a four-month amnesty that expired Friday. That could translate into $ 4 billion in extra revenue for the government.

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World business news – CNNMoney.com

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