Cuttack, June 18 -- The Supreme Court appointed Special Investigation Team (SIT) on black money, which held a meeting in Cuttack on Tuesday, informed that use of black money was rampant during elections and there needs to be a change in law to curb such economic offence.
The meeting was chaired by vice-chairman of SIT, Justice Arijit Pasayat at his residence in Cuttack.
"Use of black money was rampant during the general elections & Rs 3800 crore cash was seized. There is a need to make changes in law to curb the offence," said Pasayat after the meeting.
Moreover, the SIT will be submitting its seventh interim report on black money within a couple of months, Pasayat informed.
Several senior officials of the Income Tax Department, Central...