RBI to share black money info with IB
The Reserve Bank of India will share FDI-related information with country’s intelligence agencies – IB and RAW – to check black money from entering the country.
The decision was taken during a recent meeting of a government group, headed by Revenue Secretary, to check economic crimes. The move comes after Cabinet Secretariat — under whose administrative control Research and Analysis Wing (RAW) functions — expressed concern over companies in tax havens investing in the country, official sources said.
prabhat khabar epaper 8/03/2016 : http://epaper.prabhatkhabar.com