Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research p

Indians are the largest depositors in banks abroad with an estimated 500 billion US dollars (nearly Rs 24.5 lakh crore) of illegal money stashed by them in tax havens, the CBI director said on Mond

In a major push to its efforts to unearth illegal funds stashed in tax havens, India has got indications from various countries promising strengthening of legal framework for exchange of tax and ba