Swiss banks will take tough action on Indians holding illegal deposits: Arun Jaitley
According to the latest figures of Swiss National Bank, the amount deposited by Indians in 2017 has increased by more than 50 percent. During this time, Indians had deposited Rs 7,000 crore in Swiss bank, but in the last three years there was a decline in the deposits of Indians. Arun Jaitley said in his blog, "Today a news has been printed that Swiss banks have raised the money of Indians. Because of this, some circles have reacted on the basis of incorrect information and have questioned the consequences of the efforts of anti-black movements of the government. "He said that Switzerland has always been reluctant to share information. Alpine countries have modified their home laws, including the rules for making the information public. These countries have signed an agreement to share information with India in real time and this will give India information only when an Indian deposits money there. Jaitley said that this information will start coming in from January ...