2 groups looking into aspects of blackmoney: FM

Saturday, 29 January 2011, 06:12 IST
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New Delhi: Finance Minister Pranab Mukherjee today said that two groups are looking into the different aspects of black money, including an amnesty scheme to unearth unaccounted wealth. While an expert group would advise Mukherjee on the feasibility of an amnesty scheme to encourage the people to bring back unaccounted money parked in Swiss bank and other tax havens, an inter-ministerial group would provide an estimate of black money and suggest ways for curbing its generation. "The expert group (on amnesty scheme) would advise me... it will submit the report as early as possible," Mukherjee told reporters. He parried a question whether the amnesty scheme could be part of the 2011-12 budget to be presented next month on February 28. The government in the past had come out with amnesty schemes to encourage people to disclose unaccounted money.
Source: PTI