Friday 18 February 2011

Black money in Swiss banks was easy to find

Black Money
Now for Indians to get information about black money will be a little easier that deposited in Swiss banks. Swiss Government funds deposited in Swiss banks and people learn about the process of liberalization has made. First if any country wanted to know how many citizens of his deposited money in Swiss bank so it has to give their names and addresses of the people. With his identity had to tell. But now it will not.

Black Money

Now also many other information based on Swiss bank also will notice that the government of a country which its citizens how much money is deposited into their bank, though he is not yet clear that the accounts of the information base and what will happen. Ministry rules, this change in tax cases is to help the administration. Burn aware of the fact a government official said.

Black Money

Current law::: Swiss banks under the existing law in any country's government to steal the tax the person's name, identity and address based on how much money it provides information that is stored in Swiss banks. But it also holds that this condition unless the person against financial crime case is not until then his name should not be public.

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