NEW DELHI: From deploying 'cash coolies' to buying Rolex watches, Indians have found unique ways to dodge the government's surprise move to withdraw high value bills in a bid to tackle widespread corruption and tax evasion. Prime Minister Narendra Modi sent shockwaves through the country by announcing on November 8 all 500 rupee ($7.30) and 1,000 rupee notes -- some 85 percent of all bills in circulation -- would cease to be legal tender within hours. READ MORE: India withdraws 500 and 1,000 rupee notes from…
ZURICH, SWITZERLAND: Money kept by Pakistani nationals in Swiss banks has gone by over 16 per cent to 1.5 billion francs (PKR 161 bln), higher than that of Indians.
KARACHI: The DG Rangers Major-General Bilal Akbar has said that black money worth Rs 230 billion is yearly collected from Karachi through racketeering, ARY News reported.
NEW DELHI: India's top court on Tuesday ordered the government to within a day disclose the names of all people suspected of stashing money in foreign banks beyond reach of tax authorities.