Black Money
- Generation of black money and its concealment to be dealt with effectively and forcefully.
- Investigation into cases of undisclosed foreign assets has been given highest priority in the last nine months.
- Major breakthrough with Swiss authorities, who have agreed to:
- Provide information in respect of cases independently investigated by IT department;
- Confirm genuineness of bank accounts and provide non-banking information;
- Provide such information in time-bound manner; and
- Commence talks for automatic exchange of information.