Finance Ministry refutes news media reports of alleged black money held by Indians in Switzerland

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 of 2019, reversing a 2 year declining trend. It has also been stated that this is also the highest figure… Continue reading "Finance Ministry refutes news media reports of alleged black money held by Indians in Switzerland"

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