Narendra Modi government is all set to implement its poll promise of bringing back black money hoarding in foreign banks. The government will very soon send a high-level delegation of tax and revenue officials to Switzerland in order to pursue cases of black money and secret accounts held by Indians in banks. Government has cleared all the permissions for the team to fly down to Switzerland and has provided the team with necessary legal documents, dossiers and the charter of the SIT to satisfy the Swiss authorities.
It is said that after their visit, a team of Swiss officials will be coming to India and fly back with final clarifications required to reveal the details of all the black money accounts. Indian government already has a list of account holders which was procured from certain ex-employees of the banks. However Swiss government has clarified that no details can be shared on the basis of illegally-obtained information.
