TOPIC
Swiss bank
Nirav Modi’s 4 bank accounts having cumulative funds of USD 6 million frozen by Swiss authorities
So far Nirav Modi has tried to get bail four times, but have been unsuccessful in each of them
Modi government’s surgical strike(s) on Black Money: A multi-pronged, systematic approach that has been cleansing corruption effectively
Demonetization was not a whim of one person, it was perfectly planned move. When on November 8, 2016, at 20:00 hrs, PM Modi announced demonetisation, people with black money knew they were in trouble.
Switzerland government to provide Vijay Mallya’s swiss bank account details to India
After the go ahead by Federal Supreme Court of Switzerland, India will get Vijay Mallya’s swiss bank account details
Swiss Bank moves court to evict Vijay Mallya from mortgaged London home: Reports
Mallya has bee facing financial troubles which started with the non payment of salaries of the employees of Kingfisher Airlines which was owned by Mallya.
Modi Govt cracks down on IT defaulters – Can’t escape scrutiny with change of address
Two strict measures have come into play
India can access details of black money stashed in Swiss banks from 2019
Switzerland has ratified automatic exchange of financial account information with India.
Mind-boggling figures of inflows and outflows of illicit money to and from India
A report by a US-based think tank stated that an estimated $770 billion black money has entered India during 2005-2014.
