‘Relief’ to Prime Minister Modi, 80 percent ‘less’ in Indians deposit in Swiss banks
Tuesday - July 24, 2018 3:01 pm ,
Category : WTN SPECIAL
Swiss bank clears; every deposit is ‘not’ black money
JULY 24 (WTN) - There is a lot of discussion of Swiss banks and its deposits in India from time to time. Indian people ‘believe’ that the money deposited in Swiss banks is 'black money'. A few days ago, there was news that Indians' deposits in Swiss banks ‘increased’ by 50 percent. After that the Opposition targeted on the Modi government that black money is being deposited in Swiss banks outside the country, even during the tenure of the Modi government formed in the name of bringing black money to India. But according to a new report now, the deposit of Indian people in Swiss banks last year has been ‘reduced’.
Swiss Bank has ‘clarified’ on the news of an increase of 50% in the deposit of Indians in Swiss banks, that all the funds deposited in these banks are ‘not’ black money. Looking at the charge of the Finance Minister, Piyush Goyal, while giving information in the Rajya Sabha, said, “The amount of Indian money in Swiss banks has been decreased by 34.5 percent in 2017.” According to Piyush Goyal, the action, taken by the government on the black money since Narendra Modi’s becoming the Prime Minister, has resulted in the ‘reduction’ of the amount of Indians deposited in Swiss banks by ‘80 percent’ till the end of 2017
For your information, let you know that a report had come a few days ago, which stated that the amount of Indian deposits in Swiss banks increased by 50 percent in 2017 compared to 2016. According to information received from the media, the amount of Indian money increased to Rs 7,000 crore in Swiss banks in 2017.
According to the information, in 2016 the Indian people had a 45% drop in deposits in the Swiss bank. In 2016 the amount of Indians' in Swiss banks reduced to Rs 4,500 crore.
According to the Swiss bank, during the NDA regime, there has been ‘substantial reduction’ in Swiss non-bank loans and deposits. Between 2013 to 2017, it has decreased by 80 percent.
BIS has said that the data of the amount of Indians deposited in Swiss banks is usually ‘misconstrued’. The bank said. “Indian believes that the Indians money deposited in Swiss banks is black money, but it is not true. After receiving the report from the Swiss bank, the Modi government will get a lot of ‘relief’, because according to the previous data released a few days ago, there has been an increase of 50 percent in the amount of Indian deposits in the Swiss bank. Now the BJP will ‘woo’ the opposition parties on this issue.
JULY 24 (WTN) - There is a lot of discussion of Swiss banks and its deposits in India from time to time. Indian people ‘believe’ that the money deposited in Swiss banks is 'black money'. A few days ago, there was news that Indians' deposits in Swiss banks ‘increased’ by 50 percent. After that the Opposition targeted on the Modi government that black money is being deposited in Swiss banks outside the country, even during the tenure of the Modi government formed in the name of bringing black money to India. But according to a new report now, the deposit of Indian people in Swiss banks last year has been ‘reduced’.
Swiss Bank has ‘clarified’ on the news of an increase of 50% in the deposit of Indians in Swiss banks, that all the funds deposited in these banks are ‘not’ black money. Looking at the charge of the Finance Minister, Piyush Goyal, while giving information in the Rajya Sabha, said, “The amount of Indian money in Swiss banks has been decreased by 34.5 percent in 2017.” According to Piyush Goyal, the action, taken by the government on the black money since Narendra Modi’s becoming the Prime Minister, has resulted in the ‘reduction’ of the amount of Indians deposited in Swiss banks by ‘80 percent’ till the end of 2017
For your information, let you know that a report had come a few days ago, which stated that the amount of Indian deposits in Swiss banks increased by 50 percent in 2017 compared to 2016. According to information received from the media, the amount of Indian money increased to Rs 7,000 crore in Swiss banks in 2017.
According to the information, in 2016 the Indian people had a 45% drop in deposits in the Swiss bank. In 2016 the amount of Indians' in Swiss banks reduced to Rs 4,500 crore.
According to the Swiss bank, during the NDA regime, there has been ‘substantial reduction’ in Swiss non-bank loans and deposits. Between 2013 to 2017, it has decreased by 80 percent.
BIS has said that the data of the amount of Indians deposited in Swiss banks is usually ‘misconstrued’. The bank said. “Indian believes that the Indians money deposited in Swiss banks is black money, but it is not true. After receiving the report from the Swiss bank, the Modi government will get a lot of ‘relief’, because according to the previous data released a few days ago, there has been an increase of 50 percent in the amount of Indian deposits in the Swiss bank. Now the BJP will ‘woo’ the opposition parties on this issue.
