A crucial review meeting of the Special Investigation Team (SIT) on black money will be held on February 28 at the Income Tax Office in Chennai. Chaired by former Supreme Court judge Arijit Pasayat, the session will unite enforcement agencies from 10 states, underscoring its significance ahead of state assembly elections.
The fight against black money is set to intensify as the Special Investigation Team (SIT) convenes a key review meeting on February 28 in Chennai. The timing of this session is particularly important, coming just as assembly elections approach, raising expectations of stronger enforcement and accountability.
Key Highlights
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The meeting will be chaired by Justice Arijit Pasayat, former Supreme Court judge, who has been at the forefront of SIT’s oversight.
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Senior officials from the Enforcement Directorate (ED), including director Rahul Navin, will participate to assess progress on ongoing investigations.
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Income Tax officials, state police representatives, and central enforcement bodies across 10 states are expected to attend, ensuring a coordinated approach.
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The agenda will likely cover updates on high-profile cases, inter-agency cooperation, and strategies to curb illicit financial flows.
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The SIT has historically focused on issues such as shell companies, misuse of capital gains exemptions, and unaccounted cash transactions, making this review critical for tightening loopholes.
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The meeting’s proximity to elections adds political and economic weight, as curbing black money remains a major public concern and electoral issue.
This gathering is expected to reinforce the government’s commitment to tackling unaccounted wealth and ensuring transparency in financial systems. With multiple agencies pooling resources and intelligence, the outcome of this review could set the tone for stronger enforcement actions in the months ahead.
Sources: DT Next, SlideShare (SIT Report), Association for Democratic Reforms