Have toolbox to deal with tax havens: FM

Last Updated: Monday, June 13, 2011, 16:40

Tags: Black Money, Finance Minister, India

Have toolbox to deal with tax havens: FM

New Delhi: Under pressure from civil society to take concrete action on black money, the government Monday said it has enough tools to deal with transactions arising from non-cooperative jurisdictions and would take action as and when necessary.

"We have developed a toolbox... We have enabled ourselves to declare (tax havens) as non-cooperating jurisdiction and countries as and when the situation arises. We will take appropriate steps," Finance Minister Pranab Mukherjee told reporters.

To Read Full Story on Zeebiz – Click Here»»

First Published: Monday, June 13, 2011, 16:40

Comments

Anil Lobo - Abu Dhabi
dear mr. pramanm dada, please you have good name in our country as a senior political person and please don`t lose it. every time at least yearly twice or more every government imposes the tax in many mode including raising petrol and diesel price too. don`t you think if black money come back to india can avoid troubling to citizens and giving better package to senior people and no need to take charity money which uk is planning to give because they ruled us so many year and congress is still bowing down? come on and be a proud indian, money is need but it is not everything better to understand this.

Post your Comments X
Name
Place :
Email :
Comments :

Rajesh Singh - Faridabad
congress leaders are interested to investigate anna and baba ramdev but they are not interested to move farward in black money drive because most of the leaders are itself involved in corruption.

Post your Comments X
Name
Place :
Email :
Comments :

Arvind - Mumbai
where was your tool box up till now? whether congress is making fool to this country. corrupt people are looting the country and most corrupt people are ministers in congress led govt. mr pranab if govt. is clean, bring our money back which has been made black-money through corruption rout and covered by congress. leaders are not masters of this country rather they come in the name of social service and do corruption deliberately, without any control and remain in your system which you are saying has several tools to tackle.

Post your Comments X
Name
Place :
Email :
Comments :

raman sen - kolkata
declare the names of blackmoney holders,having account in usb,italian banks in india.frequently going to switzerland italy and other tax-haven countries.

Post your Comments X
Name
Place :
Email :
Comments :

anup - Mumbai
people understand why you all are sitting quite,all public money is transferred there and politicians are chore.how can they disclose their own name?

Post your Comments X
Name
Place :
Email :
Comments :

D.N.MAKHIJA - DELHI-(INDIA)
fist of all we should do some thing to bring the money lying abroad. and use it for developing the the country...........otherwise mer. anna , baba ram dev and others will go on agitation again and again..................