Rs 11,000-Cr Undisclosed Income Sees Light

New Delhi: The Financial Intelligence Unit-India (FIU-IND) detected undisclosed income worth nearly Rs11,000 crore in 2024, the Finance Ministry informed on Thursday. As per the intelligence shared by the FIU-IND with the law enforcement agencies (LEAs), it detected Rs10,998 crore worth of unidentified income, identified Rs2,763 crore worth of criminal proceeds and attached Rs983.4 crore worth of assets this year.

Also, the central nodal agency seized 461 kgs worth of narcotics and psychotropic substances, levied Rs39.14 crore in penalty in 211 compliance orders via regulatory action in reporting entities and arrested 184 people in money laundering, terror financing and other predicate offences, informed the ministry. “The Financial Intelligence Unit-India’s strong vigil on financial transactions w.r.t. money laundering, terrorism and proliferation financing has ensured detection of undisclosed income worth nearly Rs11,000 crore,” the ministry posted on X social media platform.