Deposit by Indians in Swiss banks cannot be assumed as black money: Finance Minister Piyush Goyal
Deposit by Indians in Swiss banks cannot be assumed as black money: Finance Minister Piyush Goyal
Finance Minister Piyush Goyal on Friday said that the deposits by Indians in Swiss banks cannot be assumed to be black money. The statement came after the official annual data was released by the Swiss National Bank (SNB) on Thursday, which showed that the total funds held by all foreign clients of Swiss banks have risen about 3 per cent to CHF 1.46 trillion or about Rs 100 lakh crore in 2017.
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Finance Minister Piyush Goyal on Friday said that the deposits by Indians in Swiss banks cannot be assumed to be black money. The statement came after the official annual data was released by the Swiss National Bank (SNB) on Thursday, which showed that the total funds held by all foreign clients of Swiss banks have risen about 3 per cent to CHF 1.46 trillion or about Rs 100 lakh crore in 2017.https://ift.tt/2Kv0oWK
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