Addressing chartered accountants on the foundation day of Institute of Chartered Accountants of India (ICAI) at the Indira Gandhi Stadium in Delhi, PM Modi said there had been a record 45 per cent drop in deposits by Indians in Swiss banks. A day after the GST was rolled out in the Central Hall of Parliament, Modi said that the tax reform would help weed out black money. "Nation's growth is dependent on clean tax regime. GST and demonetisation are key steps in that direction", he added. HIGHLIGHTS OF MODI's SPEECH

Source: India Today July 01, 2017 14:10 UTC