> Govt on black money trail, says Pranab Mukherjee > HT Correspondent, Hindustan Times > New Delhi, October 31, 2009
> First Published: 00:45 IST(31/10/2009) > Last Updated: 02:33 IST(31/10/2009)
> India has begun tracking down money stashed away in secret bank > accounts in Switzerland and Belgium.
> The government has finalised dates to renegotiate with Switzerland and > Belgium to broaden the scope of the existing treaties. The authorities > have also stepped up efforts to bring back money parked illegally in > foreign banks.
> According to original plans, Finance Minister Pranab Mukherjee was to > meet the Swiss authorities from December 10-11 to discuss the issue.
> “But I think the date for the meeting has been advanced by a month,” > Mukherjee said at the annual Hindustan Times Leadership Summit on > Friday.
> The government has also prepared a list of countries with whom it will > sign tax information exchange agreements.
> A model of the agreement is in the last stage of finalisation. The > Income Tax Act, 1961, has been amended through the Finance Act, 2009, > with a new formulation to enable the government to enter into fresh > agreements with other countries.
> Options for domestic measures to obtain information on bank accounts > maintained abroad by Indian citizens is also under way.
> Mukherjee said no estimate had been made of the amount of funds > stashed away in Swiss banks. “It was estimated way back in 1985, but > since then, no fresh details have been worked out,” he said.
> Bharatiya Janata Party leader and former deputy prime minister L.K. > Advani earlier said the slush money parked in foreign banks could be > in the range of Rs 25,000 crore (Rs 250 billion) to Rs 75,000 crore > (Rs 750 billion).
> Swiss Ambassador to India Phillippe Welti hinted that his country > would be willing to share information with India about bank accounts > of tax defaulters after the two sides revised the existing treaty on > double taxation in December.
> “Once the Indian and Swiss governments have agreed on a possible > change in the existing treaty, Switzerland will implement the treaty,” > Welti told a television news channel recently.
> Delhi-based think tank National Institute of Public Finance and Policy > had made an estimate of the black money in circulation in the country. > In 1983-84, the amount was between Rs 31,584 crore (Rs 315.84 billion) > and Rs 36,786 crore (Rs 367.86 billion).
> According to research carried out by economist Arun Kumar, the size of > the parallel economy in the country could be around Rs 16 lakh crore > (Rs 16.90 trillion), or 40 per cent of India’s gross domestic product > — the market value of all goods manufactured and services generated in > a year.
> Effectively, the government is missing out on about Rs 5 lakh crore > (Rs 5 trillion) of tax revenue. This is more than the current fiscal > deficit of Rs 4 lakh crore (Rs 4 trillion).
Indians should go through a period of Communism before entering into more developments, but the Chinese will fool the Indians if Indians were to be retarded .
n Oct 31, 10:24 am, "Zohan Dvir Scrappy , the High Priest of
> > Govt on black money trail, says Pranab Mukherjee > > HT Correspondent, Hindustan Times > > New Delhi, October 31, 2009
> > First Published: 00:45 IST(31/10/2009) > > Last Updated: 02:33 IST(31/10/2009)
> > India has begun tracking down money stashed away in secret bank > > accounts in Switzerland and Belgium.
> > The government has finalised dates to renegotiate with Switzerland and > > Belgium to broaden the scope of the existing treaties. The authorities > > have also stepped up efforts to bring back money parked illegally in > > foreign banks.
> > According to original plans, Finance Minister Pranab Mukherjee was to > > meet the Swiss authorities from December 10-11 to discuss the issue.
> > “But I think the date for the meeting has been advanced by a month,” > > Mukherjee said at the annual Hindustan Times Leadership Summit on > > Friday.
> > The government has also prepared a list of countries with whom it will > > sign tax information exchange agreements.
> > A model of the agreement is in the last stage of finalisation. The > > Income Tax Act, 1961, has been amended through the Finance Act, 2009, > > with a new formulation to enable the government to enter into fresh > > agreements with other countries.
> > Options for domestic measures to obtain information on bank accounts > > maintained abroad by Indian citizens is also under way.
> > Mukherjee said no estimate had been made of the amount of funds > > stashed away in Swiss banks. “It was estimated way back in 1985, but > > since then, no fresh details have been worked out,” he said.
> > Bharatiya Janata Party leader and former deputy prime minister L.K. > > Advani earlier said the slush money parked in foreign banks could be > > in the range of Rs 25,000 crore (Rs 250 billion) to Rs 75,000 crore > > (Rs 750 billion).
> > Swiss Ambassador to India Phillippe Welti hinted that his country > > would be willing to share information with India about bank accounts > > of tax defaulters after the two sides revised the existing treaty on > > double taxation in December.
> > “Once the Indian and Swiss governments have agreed on a possible > > change in the existing treaty, Switzerland will implement the treaty,” > > Welti told a television news channel recently.
> > Delhi-based think tank National Institute of Public Finance and Policy > > had made an estimate of the black money in circulation in the country. > > In 1983-84, the amount was between Rs 31,584 crore (Rs 315.84 billion) > > and Rs 36,786 crore (Rs 367.86 billion).
> > According to research carried out by economist Arun Kumar, the size of > > the parallel economy in the country could be around Rs 16 lakh crore > > (Rs 16.90 trillion), or 40 per cent of India’s gross domestic product > > — the market value of all goods manufactured and services generated in > > a year.
> > Effectively, the government is missing out on about Rs 5 lakh crore > > (Rs 5 trillion) of tax revenue. This is more than the current fiscal > > deficit of Rs 4 lakh crore (Rs 4 trillion).
All the money that goes through my hands go through a process of being embelished with a deftly paint of lard on the lips of the figurehead. It becomes halal money after that. "Zohan Dvir Scrappy , the High Priest of Sophia" <hinduvis...@gmail.com> wrote in message news:e9a46f57-1bcb-47e8-b1d8-8aae6f5dbd51@f1g2000prf.googlegroups.com... this is why Indians in East part of India are becoming Mao-ist .
n Oct 31, 4:36 am, chhotemianinshallah <citad...@gmx.com> wrote:
> Govt on black money trail, says Pranab Mukherjee > HT Correspondent, Hindustan Times > New Delhi, October 31, 2009
> First Published: 00:45 IST(31/10/2009) > Last Updated: 02:33 IST(31/10/2009)
> India has begun tracking down money stashed away in secret bank > accounts in Switzerland and Belgium.
> The government has finalised dates to renegotiate with Switzerland and > Belgium to broaden the scope of the existing treaties. The authorities > have also stepped up efforts to bring back money parked illegally in > foreign banks.
> According to original plans, Finance Minister Pranab Mukherjee was to > meet the Swiss authorities from December 10-11 to discuss the issue.
> “But I think the date for the meeting has been advanced by a month,” > Mukherjee said at the annual Hindustan Times Leadership Summit on > Friday.
> The government has also prepared a list of countries with whom it will > sign tax information exchange agreements.
> A model of the agreement is in the last stage of finalisation. The > Income Tax Act, 1961, has been amended through the Finance Act, 2009, > with a new formulation to enable the government to enter into fresh > agreements with other countries.
> Options for domestic measures to obtain information on bank accounts > maintained abroad by Indian citizens is also under way.
> Mukherjee said no estimate had been made of the amount of funds > stashed away in Swiss banks. “It was estimated way back in 1985, but > since then, no fresh details have been worked out,” he said.
> Bharatiya Janata Party leader and former deputy prime minister L.K. > Advani earlier said the slush money parked in foreign banks could be > in the range of Rs 25,000 crore (Rs 250 billion) to Rs 75,000 crore > (Rs 750 billion).
> Swiss Ambassador to India Phillippe Welti hinted that his country > would be willing to share information with India about bank accounts > of tax defaulters after the two sides revised the existing treaty on > double taxation in December.
> “Once the Indian and Swiss governments have agreed on a possible > change in the existing treaty, Switzerland will implement the treaty,” > Welti told a television news channel recently.
> Delhi-based think tank National Institute of Public Finance and Policy > had made an estimate of the black money in circulation in the country. > In 1983-84, the amount was between Rs 31,584 crore (Rs 315.84 billion) > and Rs 36,786 crore (Rs 367.86 billion).
> According to research carried out by economist Arun Kumar, the size of > the parallel economy in the country could be around Rs 16 lakh crore > (Rs 16.90 trillion), or 40 per cent of India’s gross domestic product > — the market value of all goods manufactured and services generated in > a year.
> Effectively, the government is missing out on about Rs 5 lakh crore > (Rs 5 trillion) of tax revenue. This is more than the current fiscal > deficit of Rs 4 lakh crore (Rs 4 trillion).
Discussion subject changed to "Black Money Monster is killing India .....: Sid Harth" by Chairman Mao , expert fucker of Chinese High School Girl 's cunts in China
Chairman Mao , expert fucker of Chinese High School Girl 's cunts in China
> All the money that goes through my hands go through a process of being > embelished with a deftly paint of lard on the lips of the figurehead. It > becomes halal money after that. > "Zohan Dvir Scrappy , the High Priest of Sophia" <hinduvis...@gmail.com> > wrote in messagenews:e9a46f57-1bcb-47e8-b1d8-8aae6f5dbd51@f1g2000prf.googlegroups.com... > this is why Indians > in East part of India > are becoming Mao-ist .
> n Oct 31, 4:36 am, chhotemianinshallah <citad...@gmx.com> wrote:
> > Govt on black money trail, says Pranab Mukherjee > > HT Correspondent, Hindustan Times > > New Delhi, October 31, 2009
> > First Published: 00:45 IST(31/10/2009) > > Last Updated: 02:33 IST(31/10/2009)
> > India has begun tracking down money stashed away in secret bank > > accounts in Switzerland and Belgium.
> > The government has finalised dates to renegotiate with Switzerland and > > Belgium to broaden the scope of the existing treaties. The authorities > > have also stepped up efforts to bring back money parked illegally in > > foreign banks.
> > According to original plans, Finance Minister Pranab Mukherjee was to > > meet the Swiss authorities from December 10-11 to discuss the issue.
> > “But I think the date for the meeting has been advanced by a month,” > > Mukherjee said at the annual Hindustan Times Leadership Summit on > > Friday.
> > The government has also prepared a list of countries with whom it will > > sign tax information exchange agreements.
> > A model of the agreement is in the last stage of finalisation. The > > Income Tax Act, 1961, has been amended through the Finance Act, 2009, > > with a new formulation to enable the government to enter into fresh > > agreements with other countries.
> > Options for domestic measures to obtain information on bank accounts > > maintained abroad by Indian citizens is also under way.
> > Mukherjee said no estimate had been made of the amount of funds > > stashed away in Swiss banks. “It was estimated way back in 1985, but > > since then, no fresh details have been worked out,” he said.
> > Bharatiya Janata Party leader and former deputy prime minister L.K. > > Advani earlier said the slush money parked in foreign banks could be > > in the range of Rs 25,000 crore (Rs 250 billion) to Rs 75,000 crore > > (Rs 750 billion).
> > Swiss Ambassador to India Phillippe Welti hinted that his country > > would be willing to share information with India about bank accounts > > of tax defaulters after the two sides revised the existing treaty on > > double taxation in December.
> > “Once the Indian and Swiss governments have agreed on a possible > > change in the existing treaty, Switzerland will implement the treaty,” > > Welti told a television news channel recently.
> > Delhi-based think tank National Institute of Public Finance and Policy > > had made an estimate of the black money in circulation in the country. > > In 1983-84, the amount was between Rs 31,584 crore (Rs 315.84 billion) > > and Rs 36,786 crore (Rs 367.86 billion).
> > According to research carried out by economist Arun Kumar, the size of > > the parallel economy in the country could be around Rs 16 lakh crore > > (Rs 16.90 trillion), or 40 per cent of India’s gross domestic product > > — the market value of all goods manufactured and services generated in > > a year.
> > Effectively, the government is missing out on about Rs 5 lakh crore > > (Rs 5 trillion) of tax revenue. This is more than the current fiscal > > deficit of Rs 4 lakh crore (Rs 4 trillion).
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