Who is govt shielding in HSBC, Liechtenstein tax-haven lists?

Abstract

Why is the Indian government so cagey about sharing the list of tax haven account holders received from Germany and France?. Barack Obama is concerned about it, Angela Merkel is furious about it and Nicholas Sarkozy wants to regulate it. But the leaders of one of the countries most affected by the phenomenon of tax evasion and black money in safe havens - India - don't want to do much about it.

Tax havens and offshore financial centres are where tax evaders and criminal elements hoard their ill-gotten wealth. In the midst of the Anna movement, one important thing - namely, black money abroad - has been pushed to the background. But this is really the Gangotri of corruption and we are doing little about it. Read more at: https://www.firstpost.com/politics/who-is-govt-shielding-in-hsbc-liechtenstein-tax-haven-lists-97183.html