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black money News

Op-Ed: Switzerland stung by allegations of Indian black money

According to various official and unofficial estimates, Indians are accounted among the largest beneficiaries of black money deposited in tax havens off-shore. Apart from Switzerland, there are several other off-shore ill-gotten money destinations.

Greek taxman to investigate black money stashed in Swiss banks

Athens - Wealthy Greeks have billions of euros stashed in Swiss bank accounts. A new agreement is under negotiation between the Greek finance ministry and Swiss banks which would allow the banks to tax untaxed assets and remit the funds anonymously to Greece.

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