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News INCOME TAX

  • May 18, 2019
  • Citing confidentiality, govt declines to share black money details received from Switzerland

    The government has declined to share details on black money received from Switzerland, citing confidentiality. Replying to an RTI query, the Finance Ministry said India and Switzerland share information on black money on a case to case basis as per the investigations being carried out. It is an ongoing process, it added. “The information shared by Switzerland on black money is governed by confidentiality provisions,” it said in reply to the RTI application filed by a PTI journalist.