Finance Ministry refutes news media reports of alleged black money held by Indians in Switzerland, Information sought from Swiss Authorities to verify increase/decrease of deposits

Ministry of Finance issued Press release today (19th June 2021) says that : Certain reports have appeared in the media on 18.06.2021 stating that funds of Indians in Swiss Banks have risen to over Rs 20,700 crore (CHF 2.55 billion) at the end of 2020 from Rs 6,625 crore (CHF 899 million) at the end ofContinue reading “Finance Ministry refutes news media reports of alleged black money held by Indians in Switzerland, Information sought from Swiss Authorities to verify increase/decrease of deposits”