Ministry of Finance rejects reports of Rs 20,700 Cr worth of black money held by Indians in Swiss banks

Ministry of Finance rejects reports of Rs 20,700 Cr worth of black money held by Indians in Swiss banks

New Delhi: Refuting media reports of alleged black money held by Indians in Switzerland, the government said on Saturday that Swiss authorities had been asked to provide relevant facts as well as their views on possible reasons for the ‘increase/decrease in deposits. Pointing out that some reports appeared in the media on June 18 indicating …

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