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Black money of Indian people in Swiss bank


Posted Date: 22 Jan 2012      Posted By:: S.manoharan     Member Level: Gold    Member Rank: 11     Points: 5   Responses: 3



Dear Members,

Many popular people of India have their account at Swiss Bank. The black money of this people are deposited at this bank. The government of India told many times that the name list of persons those who are having account in Swiss bank will be declared soon and the money from those accounts will be seized and utilized for the growth and welfare our our country. But, no actions have been taken till date.

The members of OSR may feel free to share their opinion on this issue in this open forum discussion.

With regards,

S.Manoharan.





Responses

#1498    Author:       Member Level: Gold      Member Rank: 12     Date: 23/Jan/2012   Rating: 2 out of 52 out of 5     Points: 2

Actually, political parties are not interested to solve this issue. It is not possible to bring the black money back to our country because after such situation, they might have displaced their money somewhere else from Swiss bank accounts.

With regards,

Vicky
(Expect for the best but prepare for the worst)
IndiaStudyChannel



#1542    Author:       Member Level: Gold      Member Rank: 11     Date: 29/Jan/2012   Rating: 2 out of 52 out of 5     Points: 1

Yes. it may be true. But, It is possible to bring the black money from Swiss bank and it can be used for the welfare and growth of the country. The government has to take necessary action against this issue and try to bring the money to our country.

With regards,

S.Manoharan.



#1549    Author:       Member Level: Gold      Member Rank: 12     Date: 30/Jan/2012   Rating: 2 out of 52 out of 5     Points: 5

I think governments attitude in not perfect towards this matter. It is unable to take necessary steps to achieve the black money as soon as possible. Yes, it always gives the same reply in front of cameras that they are willing to bring back black money but failed initiate the process. BJP announced that if it comes to the power then it will be bring back black money with in few days. But I don't think it is that much easy process. The major technical problem is that the variation of local laws. Swiss laws do not allow to access the accounts easily. Our government have to convince their government and respective authority for this matter to gain their confidence. Then only we may able to get back our property. So, it is not a small process, it will take time and government should initiate it as soon as possible. Unless the culprits will displace their money some where.

With regards,

Vicky
(Expect for the best but prepare for the worst)
IndiaStudyChannel







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