New Delhi: The Income Tax department, Enforcement Directorate and other agencies have seized Rs. 141.13 crore worth of new currency notes of Rs. 2,000 and Rs. 500 crore while acting in different parts of the country, Lok Sabha was informed on Friday.
Of this amount, Rs. 110 crore was seized by the IT Department, Rs. 4.54 crore seized by ED, Rs. 26.21 crore by the CBI and Rs. 38 lakh by the DRI, Finance Minister Arun Jaitley said during Question Hour.
“All new Indian currency notes of Rs. 2,000 and Rs. 500 denominations seized by the ED are deposited in SBI or any nationalised banks so that they come back in circulation,” he said.
Jaitley said all government agencies including ED, CBI, IT Department and Department of Revenue Intelligence have pan-India presence with requisite officials posted in headquarters, various zonal and regional units to conduct actions against black money hoarders.