January 12, 2025 07:36 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Bengal: Woman dies, 5 others critical after 'expired' saline administered at patients at Midnapore govt hospital | Los Angeles wildfire: Toll touches 11, more than 10,000 structures burnt down as blaze still persists | 'I legitimately believe Elon Musk may be going mad,' his biographer Seth Abramson claims | Donald Trump dodges jail with ‘unconditional discharge’ for felony convictions | Los Angeles wildfire toll climbs to 10, thousands of structures destroyed | 8 labourers still trapped in Assam's flooded mine even after 3 days of rescue ops | SC refuses to hear petitions seeking review of its same-sex marriage judgement, says there is 'no error' | 'They should wind up the alliance': Omar Abdullah on AAP-Congress fight over Delhi elections | Pune woman killed by her colleague in full public view for not paying back his money, no one intervenes | Los Angeles wildfire leaves 5 dead, forces 1 lakh including celebs to flee, Hollywood hills ablazed

Will not be able to reveal black money details: Centre tells SC

| | Oct 18, 2014, at 03:23 am
New Delhi, Oct 16 (IBNS) In a significant development, the Centre on Friday told the Supreme Court that it will not be able to disclose the details of foreign accounts held by Indians that are governed by bilateral double taxation avoidance treaties.

The apex court has agreed to the application filed by the Centre in connection with the matter on Oct 28, reports said.

The Congress attacked the Centre over the issue as party leader Ajay Maken tweeted: "#BJPBlackMoneyDhokha says it all!"

The party also tweeted: "#BJPBlackMoneyDhokha
People of India want to know where are those Rs 15-20 Lakh you had promised, Shri Modi? "

Union Finance Minister Arun Jaitley defended the move taken by the Centre and said the details of people under investigation for having black money account  cannot be revealed until chargesheet has been filed in court in connection to the matter.

"We have no difficulty in making the names public. But it can be made public only in accordance with the due process of law. The due process of law has been constrained by a double taxation avoidance treaty which was entered between India and Germany when the Congress party was in power on 19th June, 1995," Jaitley told reporters.

The issue of bringing back black money was a significant matter that was pulled up by the BJP during its campaigning ahead of the Lok Sabha polls.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.