India’s black money will be back soon: Finance Minister Arun Jaitley

Indian Finance Minister Arun Jaitley today said that India will not have to wait for long for bringing back the black money lying in banks abroad.

Updated: July 25, 2014 2:05 PM IST

By Press Trust of India

India's black money will be back soon: Finance Minister Arun Jaitley

arun-jaitley

New Delhi, July 25, 2014: Indian Finance Minister Arun Jaitley today said that India will not have to wait for long for bringing back the black money (lying in Swiss banks). He said that the Government is giving all the information received from abroad on this issue to the Supreme Court of India.

Jaitley further said the country needs to fight the economic slowdown as inflation cannot be tackled by just hiking the interest rate.

Complying with the Supreme Court directive, the Narendra Modi government on its first day in office had constituted a special investigative team (SIT) headed by a former Supreme Court Judge to unearth black money, including in the case of Hasan Ali.

Keep watching this space for more on this issue.

Also Read:

For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Read more on Latest Loudspeaker News on India.com.

By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts Cookies Policy.