According to the latest data released by the Swiss National Bank, the funds held by Indians in Switzerland has increased to more than Rs. 14000 crore. This number is excluding the black money. A 40% rise was seen in 2013 alone. This is in stark contrast to the decreasing funds of other foreign nationals owing to the global clampdown gainst the famed secrecy wall of the … [Read more...] about Indian Money In Swiss Banks Swell
FATF
SIT on Black Money Charts Road Map
The SIT team has planned a road map to proceed further to retrieve the black money according to SC mandate SIT will also investigate funds generated through unlawful activities and salted away in overseas havens SIT will look into the pending, awaiting investigations as well SIT will take over the matter of investigation of the account holders in Liechtenstein banks whose … [Read more...] about SIT on Black Money Charts Road Map