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Topic : India's Mushrooming Black Economy....
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Functional Area : Valuation
Activity:  5 comments  189 views  last activity : 06 18 2011 15:46:04 +0000
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An article, in a paper of Switzerland, which was published in 1991, which had given 14 names who are having biggest black money with them.

If we have to believe this, then it's really a big news. Isn't it?

Members,please give your views, on this. 

 Top Comment : S. Muralidharan   | 06 09 2011 13:29:28 +0000
This may look to be a surprise to you Mr. Shrikant, but this fact was highlighted by Mr. Subramaniam Swamy, M.P. of Janata Party a number of occasions in the past and has filed petitions regarding this in courts of India. He has also published this clipping in his website. Who cares?
 
5 comments on "List published in 1991, of people who are having biggest black money."
  Commented by  Raju V P, Head of Finance Information Systems, an International Bank    | 06 10 2011 17:09:46 +0000
Please go through the article which I posted on this subject - taken from a post in facebook.  It has many annexures which detail the evidence.  Now everybody who is supporting Congress will know its true colours.
Yes, I agree completely Congress is trying to hide the facts we should again have a list of people having bank accounts in tax heavens
  Commented by  Ravichandar S, investment    | 06 09 2011 15:05:40 +0000
Rating : +1 
Hi, let me shed some more light on the Govt's apathy towards unearthing the black money. here is a quote of a news item that appeared in Times of India on May 21st 2008 : "The dope on hundreds of rich Indians who have black money parked in Liechtenstein could be made available to the authorities here as the German government, which has obtained a list of account holders at Liechtenstein's LTG Bank, is willing to part with the names.

Several countries including the US, the UK, Canada, Italy, Norway, Sweden, Finland and Ireland have already used the opportunity to zero in on their citizens who have evaded taxes and smuggled their wealth to the principality, the sixth-smallest country in the world. But Transparency International says India has maintained 'a stoic silence over the issue and has not approached the German government for this data". 
The UPA government is reluctant to track down black money.
  Commented by  S. Muralidharan, Head, Project Planning/Strategy, Knowledge Foundation    | 06 09 2011 13:29:28 +0000
Rating : +1 
This may look to be a surprise to you Mr. Shrikant, but this fact was highlighted by Mr. Subramaniam Swamy, M.P. of Janata Party a number of occasions in the past and has filed petitions regarding this in courts of India.  He has also published this clipping in his website.  Who cares? 
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