India should joins hands with different world bodies, including G-20, to address the issue of safe tax havens across the globe. If a deal comes through between the G-20 and different tax havens, particularly Switzerland, the efforts to recover Indian monies illegally stashed away abroad can be hugely successful.These illegal funds,if brought back to India, can tremendously boost our foreign exchange reserves and facilitate infrastructure investment. It is pertinent to mention here that the revenue generation efforts of countries like India are subverted by these deposits and that the gap between tax evasion and terror financing is getting narrower. Also,lesser the transparency in bank accounts, greater the threat to civilised society.…Continue…..
Categories
Archives
Recent Posts
Twitter Updates
- RT @rvaidya2000: World over declining political parties hve dissensions abot sharing loot in final days//also ascending political forces hv… 10 minutes ago
- RT @RatanSharda55: @gbhupesh @rvaidya2000 Do you know LIC is still in profit on Adani shares? Bought at rock bottom prices. Same with SBI.… 10 minutes ago
- World over declining political parties hve dissensions abot sharing loot in final days//also ascending political fo… twitter.com/i/web/status/1… 17 minutes ago
- RT @jayasartn: Part 11, the concluding part of my talk to #Mediyaan is about spread of Rama's name outside India. * 'Rama' is part of place… 25 minutes ago
- RT @maryashakil: Sometimes just the name of your home district is strong enough reason to watch a web series. This one 👇recreates one of th… 34 minutes ago