Beware Black Money holders, govt to expose all names

Subscribe to Oneindia News
Pranab Mukherjee
New Delhi, Jul 31: Government will reveal all names who are allegedly evade income tax to crack down on the black money holders.

Union Finance Minister Pranab Mukherjee on Sunday, Jul 31 informed that the government has been working on a project which has been aimed to curb generation of black money.

The government initiated project will detect the tax defaulters and will also simplicise the feasibility and methodology of putting the names of chronic tax defaulters in public domain.

Mukherjee also informed that details of assets and payments received by Indian citizens in several countries have "started flowing in" and were being investigated.

Information about wealth stashed away in Swiss banks by Indians was expected before year-end, he said, pointing out that New Delhi has signed a Double Taxation Avoidance Treaty withy Berne.

OneIndia News

Please Wait while comments are loading...