Author Topic: india and swiss banks (Read 685 times)

COLD BLOOD@Brar · « **on:** October 25, 2010, 07:55:52 AM »

issue indian black money in swiss banks i read this news and find out wts figure of black money that topic i also posted it was CPI(m)'s debate in parliment
With one of the Swiss banks agreeing to provide information to the US about its account-holders, the CPI(M) on Monday demanded that the UPA government should seek details of Indians who have illegally stashed funds in Switzerland and other tax havens.

The CPI(M) Polit Bureau said it is imperative that the UPA government demand details of Indian account-holders from Swiss banks and from banks in other tax havens.

“In the case of India, it is not only a case of tax evasion but also of funds being illegally stashed abroad, or used for money laundering,” the CPI(M) said in a statement.

The CPI(M) reminded the government that UBS, the largest Swiss Bank, has agreed to provide information to the US of account-holders who are suspected to have evaded taxes in America while British Prime Minister Gordon Brown has also called for such an action.

Author Topic: india and swiss banks (Read 685 times)

COLD BLOOD@Brar

india and swiss banks

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