Rs 3000 cr black money detected in 2013

The Central Economic Intelligence Bureau has detected 174 cases during Jan-July this year involving tax evasion of Rs 386 crore and routing of black money of around Rs 3,000 crore. The CEIB also detected Rs 2,280 crore of unaccounted income being allegedly routed through Private Placement Programme, which has emerged as a new method for converting black money into white.