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Bharatiya Janata Party · 2019
Claim
Partly accurate
Delivery
Partly delivered
Enforcement against undisclosed foreign assets is documented; the two other limbs are not. On foreign accounts, 1,368 assessments under the 2015 Black Money Act had raised demands of ₹41,257.08 crore and 167 prosecution complaints by December 2025, with ₹14,636 crore assessed from the Panama, Paradise and Pandora leaks. On benami property, no answer we located publishes a national figure for properties attached or confiscated. On fugitives, 11 people have been declared Fugitive Economic Offenders since 2024 and ₹1,303.16 crore confiscated, but the ministry reports red notices against 8 and extradition requests for 4 — and does not report anyone brought back.
“We will continue our crackdown on Benami properties and illegal foreign bank accounts to benefit honest taxpayers and the poor of the country. We will also expedite our actions to bring fugitive economic offenders back to India and prosecute them for their crimes.”No CAG performance audit published
No CAG performance audit covering this scheme has been published. The absence of an audit is not evidence that the claim is either accurate or inaccurate.
No CAG audit of Benami Act or Fugitive Economic Offenders Act enforcement is available to us.
No audit period to plot — no CAG performance audit covering this scheme has been published.
11 individuals declared Fugitive Economic Offenders since 2024; extradition requests sent for 4
The ministry reports ₹1,303.16 crore confiscated from these offenders and, separately, restitution of ₹73,015.03 crore of property to victims and legitimate claimants across recent years. It does not state that any fugitive has been returned to India.
Lok Sabha Unstarred Question No. 140, Fugitive Economic Offenders — answer by the Ministry of Finance
This promise has three limbs, and the evidence is uneven across them.
Illegal foreign bank accounts. This is the best-documented limb. By 31 December 2025, the Income Tax Department had completed 1,368 assessments under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, "raising tax and penalty demand of over Rs. 41,257.08 Crores", with 167 prosecution complaints filed. Cases identified from the Panama, Paradise and Pandora Papers accounted for ₹14,636 crore of undisclosed foreign income and assets assessed as on 31 March 2026. Tax imposed under the Act rose from ₹949.51 crore in 2023-24 to ₹4,556.64 crore in 2024-25. A "nudge" campaign in November 2025 produced 1,57,112 taxpayers filing Schedule FA and reporting foreign assets worth ₹99,882 crore.
Note the distinction the ministry itself draws: these are demands raised and assets assessed, not money recovered. Asked what black money has been "brought back to India", the answer states that no such figure is maintained and that "There is no official estimation regarding the amount of undisclosed domestic/foreign income and assets".
Benami property. Here the record goes quiet. The ministry lists the Benami Transactions (Prohibition) Amendment Act, 2016 among the steps taken — an Act passed three years before this promise was made — and describes what it enables: "confiscation of benami property and prosecution of benamidar and the beneficial owner". What no answer in our corpus supplies is a number: how many properties were attached, how many confiscations were confirmed, how many prosecutions succeeded during the 2019-24 term. We do not restate figures we cannot source, so this limb is recorded as unmeasured rather than delivered or failed.
There is also a legal event the promise does not survive intact. In August 2022, in Union of India v. Ganpati Dealcom, the Supreme Court held the 2016 amendment's criminal provisions could not be applied retrospectively, which unwound a large body of pending action. No answer we located quantifies the effect.
Fugitive economic offenders. The promise was to "expedite our actions to bring fugitive economic offenders back to India and prosecute them". The July 2026 answer is precise about every step except that one. Since 2024, 11 individuals have been declared Fugitive Economic Offenders; ₹1,303.16 crore of their property has been confiscated; Interpol red notices have been published against 8; extradition requests have been sent for the 4 "who were located"; 12 mutual legal assistance requests have gone out. The answer does not report a single fugitive returned to India, and the question did ask for "the current status of such cases".
Confiscating a fugitive's assets and bringing the fugitive home are different achievements, and the manifesto promised the second. Attachment and restitution have clearly worked — the Directorate reports restoring ₹73,015.03 crore of property to victims and legitimate claimants. Extradition has not been shown to.
Partly delivered, on a promise whose three parts have three different answers.
BJP Sankalp Patra 2019 — Lok Sabha election manifesto
“Through this Sankalp Patra, you would get a glimpse of the challenges of the yesteryears, the indomitable efforts made by 130 crore Indians to overcome those challenges and our collective vision for the future… There are two commitments that I am extremely passionate about — doubling of farmer income and housing for all, by the year 2022.”
Lok Sabha Unstarred Question No. 4983, Black Money Retrieved from Abroad — answer by the Ministry of Finance
“(a) & (c) …The details of tax imposed on undisclosed foreign income and assets, assessed, during the last two years and the current year (up to 31.12.2025) under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax, 2015, are as under: 2023-24 — Rs. 949.51 crore; 2024-25 — Rs. 4,556.64 crore; 2025-26 (up to 31.12.2025) — Rs. 4,009.64 crore. (b) As on 31.03.2026, the total undisclosed foreign income and assets, amounting to Rs. 14,636 crores, have been assessed to tax under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax, 2015, for cases identified under Panama, Paradise and Pandora Paper leaks… Till 31.12.2025, 1368 assessments have been completed under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, raising tax and penalty demand of over Rs. 41,257.08 Crores and total 167 prosecution complaints have been filed. (d) There is no official estimation regarding the amount of undisclosed domestic/foreign income and assets… (ii) (vi) The NUDGE (Non-Intrusive Usage of Data to Guide and Enable) Taxpayers Campaign was launched by the Income Tax Department in November 2024 and November 2025 to improve voluntary compliance by taxpayers in reporting foreign income and assets… During the November 2025 campaign, 20,449 select taxpayers who were reported to hold foreign assets but had not disclosed in ITR for relevant AY 2025-26 were nudged, out of which 13,194 have responded and filed revised ITRs. During the campaign, a total of 1,57,112 taxpayers filled schedule FA, reporting foreign assets worth Rs.99,882 crores and foreign income of Rs.6,540 crores. (ii) Benami Transactions (Prohibition) Amendment Act, 2016 has been enacted to comprehensively amend the Benami Transactions (Prohibition) Act, 1988 with a view to, inter alia, enable confiscation of benami property and prosecution of benamidar and the beneficial owner.”
Lok Sabha Unstarred Question No. 140, Fugitive Economic Offenders — answer by the Ministry of Finance
“(a) & (b) Since 2024, 11 individuals have been declared as Fugitive Economic Offenders under the provisions of the Fugitive Economic Offenders Act, 2018 (FEOA). Properties amounting to Rs. 1,303.16 crore have been confiscated under the provisions of Fugitive Economic Offenders Act, 2018 pertaining to such offenders since 2024. (c) Out of the above said fugitives, Red Notice has been published against 08 individuals and Extradition Requests have been sent in respect of 04 individuals who were located. Moreover, 12 Mutual Legal Assistance Requests (MLAR) have also been sent. (d) Yes, necessary steps have been taken by the Government to restitute the confiscated property to the legitimate victims of such economic offences. So far, the Directorate has successfully restored properties valued at approximately Rs. 73,015.03 crore to victims or legitimate claimants resulting in restitution of Rs. 15,262.30 crore and Rs. 32,677.97 crore during FY 2024-25 and 2025-26 respectively.”