Black Money Outflows India
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Over $ 510 Billion Black Money Outflow From India Between 2004-2013: US Report
India ranks fourth in black money outflows with a whopping USD 51 billion siphoned out of the country per annum between 2004-2013, a US-based think-tank's report said today.
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Outflow From Developing Nations a Matter of Concern: Sinha
Through transfer pricing mechanism, he said, multinationals move profits to low tax countries and tax havens, thus reducing their tax liability.
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Black money outflow from India at Rs 21 lakh crore in last decade: study
Total black money outflow from India was nearly $343 billion (nearly Rs 21 lakh crore at dollar/rupee value at 62) during 2002-2011, says a report. This puts India as the fifty largest exporter of illicit money, the report adds.
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India lost $123 billion in black money in a decade
India lost a whopping USD 123 billion in black money in 2001-2010, making it the eight largest victim of illicit financial outflow, a US-based research and advocacy organisation said in a report.
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Over $ 510 Billion Black Money Outflow From India Between 2004-2013: US Report
India ranks fourth in black money outflows with a whopping USD 51 billion siphoned out of the country per annum between 2004-2013, a US-based think-tank's report said today.
-
Outflow From Developing Nations a Matter of Concern: Sinha
Through transfer pricing mechanism, he said, multinationals move profits to low tax countries and tax havens, thus reducing their tax liability.
-
Black money outflow from India at Rs 21 lakh crore in last decade: study
Total black money outflow from India was nearly $343 billion (nearly Rs 21 lakh crore at dollar/rupee value at 62) during 2002-2011, says a report. This puts India as the fifty largest exporter of illicit money, the report adds.
-
India lost $123 billion in black money in a decade
India lost a whopping USD 123 billion in black money in 2001-2010, making it the eight largest victim of illicit financial outflow, a US-based research and advocacy organisation said in a report.
