Shaky to assume all Swiss Bank deposits black money: Jaitley
After reports revealed that Indian deposits in the Swiss Bank increased by 50% in 2017, Finance Minister Arun Jaitley said assuming that all deposits are black money is "to start on a shaky presumption". In a Facebook post, Jaitley wrote, "Switzerland...is on verge of making disclosures in real time and, therefore, is no longer an ideal destination for tax evaders."