$181 billion Indian black money in tax havens?
Between six and seven trillion dollars worth of black wealth lies hidden in tax havens across the world, according to a fresh estimate by a trio of senior economists from the Bank of Italy. Indians’ share in this is estimated at $152-181 billion, by one calculation. This is only wealth invested in shares and debt securities or held in bank deposits. It is impossible to get a handle on other wealth invested in physical assets like real estate, gold or art.
As long as Politiciians and coffer filling Industrialists are there not a penny will come back ,these guys are worse than terrorists
instead of catching these thieves, teach and every govt punishes salaried middle class people by imposing tax after tax! have you ever seen a decrease in tax in your life time?
Loot will continue by our elected govt and beaurocrats..
BJP pretending to be the most honest…. Jaut make CBI independent .. Pass a law and also bring Lokpal …
Else font Bluff
Modi Raise Petrol & diesel prices to recover the loss. To prove that we are nationalists we will pay
We want that black money to comeback into the mainstream Indian reserve …. That would be almost like satyug days……
To bring black money to India, within a month, Indian revenue will not ask question ware the money has came from, and let turn to white money.
Might work??? Its a big amount, foreign bank are enjoying.
The amount seems to be very small it could be much more than this
As intentions of this Govt. are clean , they will be able to regularise things in near future.
That is huge money
THis may be true, but the politicians who have ruled for decades will have to answer this.
this black money gathering in rules of khangres
Modiji can not take any action on this???
He can only put new taxes on common middle class people becaz they can not fight back .
wow .. this much black money
Will India ever be able to bring back the Black money?!