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The world's 20 most influential finance ministers are set to ask Europe to undertake "ambitious reforms", commit to capitalize banks and take on board India's concerns on toning up the tax information-sharing mechanism to prevent stashing of wealth overseas. "For the first time the communique has addressed issues related to the importance of a comprehensive tax information exchange and encourage authorities to continue their work..-Comment

Tags: india, money, europe
Asked by venkatesaldevarajan, 16 Oct '11 04:52 pm
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It is good that they hv initiated this.. since wealth slashed overseas is making the inland resources control in few hands and making the democratic country undemocratic thru control of Power.

The uprising in the First World will certainly bring many changes in the World Order and especially the change of approach on Economy Control thru SAP adjustment.. The World will hv its indegenous economy, whether it is Great or Low.. every country will be self-decisive.
Answered by Sharmila Bose, 16 Oct '11 04:56 pm

 
  
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