Tax Extradition

        Swiss Parliament ratifying the tax treaty with US, so that the details of tax-evading UBS clients can be revealed is in fact a good news for India. Our government should also pursue the same with Swiss authorities. India should raise more of this issue at international forums like UN or G-20 and work with organizations like 'Transparency International'. As per unofficial figures around $1.5 trillion Indian money is stashed in Swiss banks. Many millions of Indians can be extricated from the clutches of poverty and poor health with this kind of money. In the context of India, a treaty like this can have far-reaching effects like reduction of corruption and addressing the weaknesses in our governance. A noose around final recipients will permeate the change to the lowest level. It's strange that parties like BJP raise this issue only during elections. At least our media should raise this now relentlessly. The earnestness that different stakeholders of our Country will show in this issue is a true gauge of our intentions and resolve for an 'inclusive' society.