Kindly
find complete report presented by Mr Pranab Mukherjee in Lok
Sabha today on “Black Money”.
The link is http://finmin.nic.in/reports/WhitePaper_BackMoney2012.pdf
Highlights:
Source: The Times of India, Ministry of Finance
The link is http://finmin.nic.in/reports/WhitePaper_BackMoney2012.pdf
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Sectors
generating black money are Jewellery, IPO, Land deals, real estate, bullion,
public procurements and NGO’s
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It
states black money in Swiss accounts has reduced by Rs14,078 crore between
2008-2010
-
The
finance minister did not give any estimate of the black money
-
It
suggests tax incentives for encouraging use of debit and credit cards as these
leave audit trails.
Source: The Times of India, Ministry of Finance
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