New Delhi : The Finance Ministry revised upwards black money disclosed under Income Declaration Scheme (IDS) to Rs 67,382 crore, which will fetch the government a little over Rs 30,000 crore in direct tax revenue even as it did not take into account two high value disclosures, reports PTI.

“Among the declarations received, there were two sets of declarations of high value which were not taken on record in the above figure because they were found to be suspicious in nature being filed by persons of small means,” the Ministry stated. It said, “On October 1, 2016, it was announced that declarations totalling Rs 65,250 crore were received from 64,275 declarants, subject to reconciliation.”After  reconciliation the revised figure of actual declarations received and taken on record was Rs 67,382 crore which had been made by 71,726 declarants.” Giving details, it said a family of four headed by one Abdul Razzaque Mohammed Sayed, residents of Bandra, made a total declaration of Rs 2 lakh crore which was rejected as three out of the four PAN numbers were originally in Ajmer which were migrated in September 2016 to Mumbai, the place of the declarations.