The conversation between human and AI assistant.
How will the ban on 500 and 1000 rupee notes bring out the black money of the big shots who have lots of it in the Swiss bank in a different currency?
That makes sense. But what about those who have converted their black money into a different currency and deposited it in Swiss banks? Will they still be able to get away with it?
It's unlikely that those who have converted their black money into a different currency and deposited it in Swiss banks will be able to get away with it. The Indian government has been taking steps to track black money held in foreign accounts and has signed various agreements to exchange information. Additionally, the government has set up a task force to examine ways to track black money held in foreign accounts. It's possible that the government may also impose penalties and fines on those who have illegally hoarded and deposited black money in foreign accounts.