Politicians among 714 Indians in global tax evasion scam | Current Affairs, Current Affairs 2017

Politicians among 714 Indians in global tax evasion scam

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Minister of State JayantSinha, BJP MP Ravindra Kishore, Congress leader Sachin Pilot, former minister P. Chidambaram’s son Karti and Bollywood superstar Amitabh Bachhan figure among 714 Indians named in a financial data expose by a worldwide investigation whose first lot of revelations was published on Monday.
India ranks 19th among 180 countries, exposed in the cache of 13.4 million documents dubbed as “Paradise Papers”, in terms of the number of individuals and companies who have skirted taxes and invested in offshore companies in tax havens.
It comes a year after Panama Papers leak and two days before the government observes “Anti-Black Money Day” to mark the first anniversary of demonetisation — a move that sought to hit at illicit wealth.

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