Sunday 19 May 2019

BLACK MONEY AND RTI


BLACK MONEY AND RTI

Government has declined to make it public any information regarding black money from Swiss bank
Government is saying on periodical interval we are exchanging information with Swiss bank and Swiss government
And it is very confidential matter as investigation will move forward will keep on exchanging information with Swiss government and vice versa this is continuous process
ONE reporter press reporter has asked  information regarding black

Press reporter has asked information regarding black money e confiscated black money held by the person 
Action taken against black money
Report aur updates on black money cases

India and Switzerland has signed on (26 November 2016 ) agreement
Under this agreement India and Switzerland both share finance and account related information

Regarding ministry finance ministry they are going to you finish legal obstacles legal procedure and formalities soon
From 2019 onwards Switzerland will share black money related information to India

This will help not only to understand how much black money has kept in the Swiss bank but also it can be text or brought under tax

Ministry report says we don't have exact information how many black money e have sent outside India or came within India

finance department has also asked to give information related to black money from other countries also
Punishment reset 8500 crrores rupees has brought under tax

162 cases has been penalised for 1000 crore taxes 
400 cases have been found under black money 
France government has given clear ear information about Black money  in their country

This report has been given to government 4 years before
Government saying Parliament panel will first check this information and then it will make public

Discussion regarding black money is happening in people
However we don't have any accurate figure that how much black money do we have

To get information related to black money  government has asked  pioneer/ best institute in India to prepare case study on black money and submit the report

What are the matter and cases related to black money and find out answer

In coming years we will definitely get information related to black money how much black money do we have how much black money we can recover and where it is lies 
With whom it lies



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