Replying to a question in Rajya Sabha, MoS for Finance Pankaj Chaudhary said the amount has been detected with respect to 930 India-linked entities associated with the two leaks.
The Pandora papers is the third in a series of huge leaks of documents to the media following the Panama papers in 2016 and the Paradise papers in 2017.
As an international consortium of journalists unearths the ‘Pandora’ list of stashes in tax havens, accountability becomes the call of the day. But what we get instead is hypocrisy.
The investigation is based on nearly 12 million documents obtained by the International Consortium and Investigative Journalists. The list names several prominent Indians and world leaders.
Pandora Papers, an unprecedented leak of financial records, names former UK PM Tony Blair & Pakistan PM Imran Khan's ministers among world leaders who concealed millions from tax authorities.
The crisis also puts DGCA’s vacancies in the eye of the storm. Naidu told the Rajya Sabha in July this year that 190 out of 410 DGCA vacancies would be filled this year.
Data shows re-alignment in India’s exports, with Tamil Nadu & Telangana posting strong growth in 2024-25 as traditional heavyweights Gujarat & Maharashtra see declines. Gujarat still leads, though.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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