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Black or white, all money is under the scanner


Wednesday, June 14, 2017 at 03:55

Experts say that the declarations made under FATCA will enable the government not only to monitor American investments in India, but also Indian investments in other countries. This means that black money flowing into India as well as black money flowing out of India will now be detected.

Spy vs spy! Now, the American investment in India is lacking due to their government stupidity of monitoring every money that go overseas. Similarly, Indian investment by privateer in other country would be reduced also. As a result, both country is isolated in some sorts.

Of course those politician know how to hide it since they have access to money launderer overseas especially in the tax haven country.


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