Penalty, prosecution likely for Indians with undisclosed assets in Singapore over last decade

Indians holding undeclared assets in the island country of Singapore could face strict action including penalty and even prosecution, according to an Economic Times report.

The report stated the two countries are sharing financial data for such undisclosed assets between 2008-2017 with each other as a part of the

FULL ARTICLE http://www.moneycontrol.com/news/business/penalty-prosecution-likely-for-indians-with-undisclosed-assets-in-singapore-from-2008-2017-2484893.html

Tagged:

Comments are closed.