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Outflow From Developing Nations a Matter of Concern: Sinha

New Delhi: Expressing concerns over the outflow of funds from developing countries, including India, through money laundering and other ways, Minister of State for Finance Jayant Sinha today said as much as $300-600 billion moves out through such channels.   "Illicit financial flows means the money that actually is black money, and it is then sent over to tax havens. And in India, a lot of it is happening through trade-based money la...
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