India's FIU-IND detects $1.43 billion in undisclosed income and seizes assets, narcotics, and leads to arrests in 2024.

India's Financial Intelligence Unit (FIU-IND) has detected nearly Rs 11,000 crore ($1.43 billion) in undisclosed income and identified Rs 2,763 crore in criminal proceeds in 2024. The agency also facilitated the seizure of 461 kg of narcotics and led to 184 arrests related to money laundering and terror financing. Additionally, assets worth Rs 983.4 crore were attached, and a penalty of Rs 39.14 crore was imposed. The FIU-IND's efforts have also resulted in a 46.31% increase in refunds totaling Rs 3.08 lakh crore between April and November 2024.

3 months ago
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