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Black money Swiss banks

Black money deposits in Swiss banks down by 80%: Piyush Goyal

Union Finance Minister Piyush Goyal on Tuesday told Rajya Sabha that ever since Narendra Modi government came to power in 2014, the black money deposited in Swiss National Bank has reduced by 80 per cent. “Black money in Swiss Banks has gone down by 80 per cent between 2014 and 2017,” Goyal said while adding that

Impact of steps against Black Money brings India’s rank in Swiss Bank down.

India has started to see the effect of the strong measures against black money. In case of Swiss bank deposits, India has dropped from its 61st position to 88th position. The UK is on the top. However, foreign banks have increased money in Swiss banks. India’s position indicates that India’s action has brought some color.Swiss

Indians Who Have Black Money In Swiss Bank Will Be Exposed Soon

Indians Who Have Black Money In Swiss Bank Will Be Exposed Soon

Indians who have black money in Swiss banks will now be exposed themselves. Their bank account details will reach the government immediately. Actually, Switzerland has ratified automatic exchange of information(AEOI) sharing with India and 40 other countries to facilitate immediate sharing of details about suspected black money. It, however, sought strict adherence to confidentiality and

Modi Govt’s big success on black money

Modi Govt’s big success on black money

Modi Govt’s big success on black money. The Modi government has got great success in Blackmoney issue. Switzerland government approves sharing of financial accounts with India. Under this; Government of Switzerland will be an automatic exchange of financial account information between India and other countries. With this, information about the suspicious blackmoney can be shared