Balck Money

Finance Minister Arun Jaitley has sought urgent implementation of common reporting standards on automatic exchange of information globally, asserting that it is the only way to tackle the challenges posed by black money.

The Centre will inform the Supreme Court today whether it will reveal the names of those who have deposited their black money in the LTG Bank in Germany. The case relates to petition filed by noted lawyer Ram Jethmalani and others for bringing black money amounting to around 70 lakh crores. During the last hearing the Centre told court it was privi...

Finance Minister Arun Jaitley has sought urgent implementation of common reporting standards on automatic exchange of information globally, asserting that it is the only way to tackle the challenges posed by black money.

The Centre will inform the Supreme Court today whether it will reveal the names of those who have deposited their black money in the LTG Bank in Germany. The case relates to petition filed by noted lawyer Ram Jethmalani and others for bringing black money amounting to around 70 lakh crores. During the last hearing the Centre told court it was privi...