Black Money List not being Public: Is it Justified?

[Anuradha Srivastava]

While there is so much of hue and cry over the list of account holders stashing Black Money in their Swiss accounts, the question that lingers over the minds of the public is how justified is this move? Will be ever be able to do justice with such selective information?

 

[Sarthak Brahma]

This is probably because it could cause problems to the Tax Compliance act with the U.S. I read somewhere that experts believe such a step may lead to other countries not sharing information with India in future due to the fear of the info not remaining private. Since the Supreme Court itself understands this and has promised confidentiality in the matter, there seems to be no reason for it to be shared with the general masses.

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