SIT Chairman Justice (retd) M B Shah, while launching a book on the subject, said a combination of "strong enactment and enforcement" of laws is the most necessary requirement if the country wants to check blackmoney and "bring out" the offenders and various instances of black economy perpetration.

"It (combating blackmoney) may require serious operation. Unless there is serious operation by enactment and enforcement of laws you will not be able to get black money, or to say, bring it out. Mere making a statement will not do anything. This cancerous growth is required to be controlled. Corruption at all levels is the main cause of the generation of blackmoney," he said.

Justice Shah exhorted that the "wrong" has to be punished as he hailed the recent anti-black money law passed by the government in the Parliament.
"It is difficult to say it (the new blackmoney law) is's an elaborate Act. We are happy that some suggestions (made by SIT) have been accepted by the government," he said.
SIT Vice Chairman Justice (retd) Arijit Pasayat said, "The approach of policy makers and tax officials should be to legitimately get back what (tax) is due to the country. They should attach the corresponding value assets of the accused present in the country."
The book -- It's Raining Black! -- launched by the two veteran judges is authored by Shailendra Kumar.

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