K.V.Choudhary, Chairman, Central Board of Direct Taxes (CBDT) has disclosed today that out of search and surveys, it has been found that the undisclosed income comes to Rs.90,000 crores in 2013-14. The real undisclosed will be manyfold.
There are about 3.5 crore taxpayers in the country  out of which a good portion are employees whose income tax is deducted at the source
itself. It is the big business, corporates etc. who avoid paying tax by adopting dubious means.
This year 2014-2015, the target is to collect Rs. 7.36 lakh crore, out of which Rs. 1.51 lakh is already collected.