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Income Tax Department Detects Rs 30,444 Crore in Undisclosed Income in FY25

The finance ministry reported that reduced survey activity still yielded high revenue recoveries under its direct tax enforcement drive.

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Overview

  • Fiscal 2024-25 saw 465 surveys—a decline from 737 in FY24 and 1,245 in FY23—pointing to a more focused enforcement approach.
  • Search actions spanned 1,437 groups and led to asset seizures totaling Rs 2,504 crore, highlighting the reach of on-ground inspections.
  • Minister of State for Finance Pankaj Chaudhary told the Rajya Sabha that these measures are triggered by credible leads on direct tax evasion.
  • The year-on-year figures illustrate the government’s emphasis on revenue mobilization through enhanced detection and recovery mechanisms.
  • Key enforcement instruments include surveys, search and seizure operations, and assessments to ensure undisclosed income is brought under taxation.