Finance Minister Arun Jaitley on Friday said further action in the Panama papers leak case depended on the outcome of the investigation.
"The government has taken necessary measures for expeditious investigation, including through enhanced international cooperation, in the cases of Indian persons allegedly having undisclosed foreign assets and whose names are reportedly included in Panama Papers leaks," Jaitley said in a written reply in the Lok Sabha.
"Further course of action under the laws dealing with direct taxes, foreign exchange regulations etc. depends upon outcome of the investigation in respective cases," he added.
The Panama documents were leaked by the International Consortium of Investigative Journalists, a global group of reporters and publications, which began revealing their findings in April.
--IANS
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