Finance, Forex and Investments

how much indian black money is in swiss bank's account?

how much indian black money is in swiss bank's account?

Public Comments

  1. that answer could not be given thats why swiss bank is there
  2. no idea
  3. $142,974,345.19 as of March 27 2009
  4. Guesstimate figures indicate 75 lakh crores.- that is 5 times India's loan with World Bank.
  5. even the wildest of guesses can't be true, but its defintiey huge, billions I am sure. but nobody can be sure, because it's highly secret and thats why the money is in the swiss banks after all, if someone cud smply know such a thing by asking it here, den it wouldn't be any use to put ur money there.
  6. Now Shri L.K.Advani says it is 25 Lakh crores. He promises that if he becomes PM, he will bring all those money and use in the Infra Structure development.
  7. god only knows..
  8. Even the Swiss bankers would not know. The deposits may be through NRIs or PIOs from different countries / holding passports of different countries. The government of India has no control over them - for example multi-billionaires - industrialists, cricketers, film stars, who receive money abroad, etc. If they are not Indian citizens, they need not file any IT returns in India.
  9. I think its Rs 785'97'59'45'977 That is only India politician's money
  10. no point running after a shadow,there is a saying that wen the snake leaves you hit on the ground but in vain,do you know how much black money is in india,even small clerks and some places even the peons are worth millions
  11. india 45 years no collect the tax in people , and wonder ful develop that much money in swis bank
  12. I even do not have white money! leave alone answering about black money !!
  13. Recently I read it is around $1500 billion = Rs.72,800,000,000,000. India tops among Russia, UK, Ukraine, China. The foreign debt of India is $115 billion. That means black money as much as 13 times our debt is lying in the lockers of Swiss banks. These details were published in 2006 by Swiss Banks Association and does not include fresh deposits and interest on deposits till date. The details of accounts with other international banks are not available. That may add up some $100 billion more. If this is brought out, India's debts can be paid within 24 hours. Income tax in India can be abolished. The national budget can run only with the interest on the left over money which is 12 times the debt amount. We can have good roads, free education, stable strong economy, and build all basic operations of the nation. Every head count of India's population can get atleast of Rs.1 lakh free as 'Resident Citizen Aid'. The British were straight forward in plundering our princely states and openly carried it to England. They should have been rewarded more for successfully ruling us for more than 400 years. They left behind many good universities, architectural buildings, hospitals, dams, postal system, railways, industries, administration, governance, hill resorts etc. Indian money in Swiss banks is more than all the other countries combined !!!! The value looted by the poor British between 1526 - 1947 in India is only a small fraction when compared to the Swiss bank accounts of Indians. Well, would we all be alive to enjoy this money, if brought to public...!!!!??? Definitely India is the richest nation in the world but that money is not with the nation for immediate utilisation.
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