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Union Finance Minister Pranab Mukherjee addresses during a press conference in New Delhi on Tuesday, 25 January 2011. The Indian government declined to disclose details of tax evaders who have parked funds abroad saying such disclosures could derail international pacts on information sharing. The government, rocked by a series of scandals, said it does not have an authentic figure on funds stashed into foreign banks by tax offenders but quoting other estimates added the amount could be up to 1.4 trillion dollars.

Union Finance Minister Pranab Mukherjee addresses during a press conference in New Delhi on Tuesday, 25 January 2011. The Indian government declined to disclose details of tax evaders who have parked funds abroad saying such disclosures could derail international pacts on information sharing. The government, rocked by a series of scandals, said it does not have an authentic figure on funds stashed into foreign banks by tax offenders but quoting other estimates added the amount could be up to 1.4 trillion dollars.

Union Finance Minister Pranab Mukherjee joins hands during a press conference in New Delhi on Tuesday, 25 January 2011. The Indian government declined to disclose details of tax evaders who have parked funds abroad saying such disclosures could derail international pacts on information sharing. The government, rocked by a series of scandals, said it does not have an authentic figure on funds stashed into foreign banks by tax offenders but quoting other estimates added the amount could be up to 1.4 trillion dollars.

Union Finance Minister Pranab Mukherjee shakes hands with World Bank President Robert B Zoellick before a ceremony for signing an agreement for rural road projects, in New Delhi on Friday, 14 January 2011.

Union I&B Minster Ambica Soni comes out of South Block after attending a Cabinet Meeting in New Delhi on Thursday, 13 January 2011.

Union Finance Minister Pranab Mukherjee comes out of South Block after attending a Cabinet Meeting in New Delhi on Thursday, 13 January 2011.

Union Finance Minister Pranab Mukherjee addresses media after attending the Review meeting of ‘Investigation Wing of Income Tax’ at Income tax Office Scindia House in Mumbai on Saturday, 08 January 2011.

Union Finance Minister Pranab Mukherjee and Union Minister of Petroleum & Natural Gas Murli Deora comes out after attending the Review meeting of ‘Investigation Wing of Income Tax’ at Income tax Office Scindia House in Mumbai on Saturday, 08 January 2011.

Union Finance Minister Pranab Mukherjee addresses media after attending the Review meeting of ‘Investigation Wing of Income Tax’ at Income tax Office Scindia House in Mumbai on Saturday, 08 January 2011.

Union Finance Minister Pranab Mukherjee addresses media after attending the Review meeting of ‘Investigation Wing of Income Tax’ at Income tax Office Scindia House in Mumbai on Saturday, 08 January 2011.

Srikant Kumar Jena Minister of State for Chemicals and Fertilizers, Government of India with Anand Ladsariya, Chairman of Chemexcil arrives at the Chemexcil India 37th and 38th Exports Awards in Mumbai on Thursday, 06 January 2011.

Srikant Kumar Jena Minister of State for Chemicals and Fertilizers, Government of India with Anand Ladsariya, Chairman of Chemexcil and Anup Pujari, IAS, Director General of Foreign, Trade Government of India Chemexcil India 37th and 38th Exports Awards in Mumbai on Thursday, 06 January 2011.

K C Shroff, Ex- Managing Director of Excel Industries Ltd receives the Life Time Achievement Award from Srikant Kumar Jena Minister of State for Chemicals and Fertilizers, Government of India with Anand Ladsariya, Chairman of Chemexcil during the Chemexcil India 37th and 38th Exports Awards in Mumbai on Thursday, 06 January 2011.

Srikant Kumar Jena Minister of State for Chemicals and Fertilizers, Government of India during the Chemexcil India 37th and 38th Exports Awards in Mumbai on Thursday, 06 January 2011.

Adi Godrej, Chairman of Godrej Industries Ltd receives the Life Time Achievement Award from Srikant Kumar Jena Minister of State for Chemicals and Fertilizers, Government of India with Anand Ladsariya, Chairman of Chemexcil during the Chemexcil India 37th and 38th Exports Awards in Mumbai on Thursday, 06 January 2011.

Union Finance Minster, Pranab Mukherjee pays floral tributes to the victims of the 2001 attack on the occasion of 9th anniversary of the attack at parliament in New Delhi on Monday, 13 December 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd presents award to Pranab Mukherjee, Union Finance Minster for Outstanding Contribution to Indian Economy during the CNBC-TV 18 IBL Awards 2010 in Mumbai on Saturday, 11 December 2010.

Pranab Mukherjee, Union Finance Minster presents award to Chanda Kochhar, MD and CEO of ICICI Bank for Outstanding Woman Business Leader of the Year during the CNBC-TV 18 IBL Awards 2010 in Mumbai on Saturday, 11 December 2010.

Pranab Mukherjee, Union Finance Minster during the CNBC-TV 18 IBL Awards 2010 in Mumbai on Saturday, 11 December 2010.

Pranab Mukherjee, Union Finance Minster gestures during the CNBC-TV 18 IBL Awards 2010 in Mumbai on Saturday, 11 December 2010.

Pranab Mukherjee, Union Finance Minster during the CNBC-TV 18 IBL Awards 2010 in Mumbai on Saturday, 11 December 2010.

Union Finance Minister Pranab Mukherjee gestures during the National Conference to review JNNRUM, organized by Ministry of Urban Development, in New Delhi on Friday, 03 December 2010.

Union Finance Minister Pranab Mukherjee gestures during the National Conference to review JNNRUM, organized by Ministry of Urban Development, in New Delhi on Friday, 03 December 2010.

Union Finance Minister Pranab Mukherjee shakes hands with Urban Development Minister S Jaipal Reddy during the National Conference to review JNNRUM, organized by Ministry of Urban Development, in New Delhi on Friday, 03 December 2010.

Former chief Minister Ashok Chavan arrives during the Winter Session of Maharashtra Legislative at Assembly Hall in Nagpur on Thursday, 02 December 2010.

Union Finance Minister Pranab Mukherjee addresses media while Defence Minister A K Anthony accompanied with outgoing Chief Minister Ashok Chavan; MPCC President Manikrao Thackarey and MRCC President Kripashankar Singh looks on during their arrive at Vidhan Bhavan for the Party meet in Mumbai on Tuesday, 09 November 2010.

M V Nair, Chairman & Managing Director, Union Bank of India with Union Finance Minster, Pranab Mukherjee during the launch of “Banker’s Beacon” – The story of Union Bank of India on the occasion of UBI’s 92nd Foundation Day in New Delhi on Thursday, 11 November 2010.

Pranab Mukherjee, Union Finance Minster during the launch of “Banker’s Beacon” – The story of Union Bank of India on the occasion of UBI’s 92nd Foundation Day in New Delhi on Thursday, 11 November 2010.

Union Finance Minister Pranab Mukherjee; Defence Minister A K Anthony accompanied with outgoing Chief Minister Ashok Chavan; MPCC President Manikrao Thackarey and MRCC President Kripashankar Singh arrive at Vidhan Bhavan for the Party meet in Mumbai on Tuesday, 09 November 2010.

Union Finance Minister Pranab Mukherjee; Defence Minister A K Anthony accompanied with outgoing Chief Minister Ashok Chavan; MPCC President Manikrao Thackarey and MRCC President Kripashankar Singh arrive at Vidhan Bhavan for the Party meet in Mumbai on Tuesday, 09 November 2010.

Union Finance Minister Pranab Mukherjee; Defence Minister A K Anthony accompanied with outgoing Chief Minister Ashok Chavan; MPCC President Manikrao Thackarey and MRCC President Kripashankar Singh arrive at Vidhan Bhavan for the Party meet in Mumbai on Tuesday, 09 November 2010.

Union Finance Minister Pranab Mukherjee; Defence Minister A K Anthony accompanied with outgoing Chief Minister Ashok Chavan; MPCC President Manikrao Thackarey and MRCC President Kripashankar Singh arrive at Vidhan Bhavan for the Party meet in Mumbai on Tuesday, 09 November 2010.

Maharashtra Chief Minister Ashok Chavan addresses press conference after submitting his resignation to Governor K Sankaranarayanan in Mumbai on Tuesday, 09 November 2010.

Maharashtra Chief Minister Ashok Chavan addresses press conference after submitting his resignation to Governor K Sankaranarayanan in Mumbai on Tuesday, 09 November 2010.

Maharashtra Chief Minister Ashok Chavan addresses press conference after submitting his resignation to Governor K Sankaranarayanan in Mumbai on Tuesday, 09 November 2010.

Maharashtra Chief Minister Ashok Chavan addresses press conference after submitting his resignation to Governor K Sankaranarayanan in Mumbai on Tuesday, 09 November 2010.

Maharashtra Chief Minister Ashok Chavan and Mumbai Regional Congress Committee President Kripashankar Singh during the Press Conference after CM submitted his resignation to Governor K Sankaranarayanan in Mumbai on Tuesday, 09 November 2010.

Maharashtra Chief Minister Ashok Chavan addresses while Mumbai Regional Congress Committee President Kripashankar Singh looks on during the Press Conference after CM submitted his resignation to Governor K Sankaranarayanan in Mumbai on Tuesday, 09 November 2010.

Maharashtra Chief Minister Ashok Chavan during the meeting of the All India Congress Committee (AICC) in New Delhi on Tuesday,02 November 2010.

Prime Minister Manmohan Singh with Finance Minister Pranab Mukherjee while Maharashtra CM Ashok Chavan(C) looks on during the meeting of the All India Congress Committee (AICC) in New Delhi on Tuesday,02 November 2010.