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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 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.

Finance Minister Pranab Mukherjee with Newly Sworn-in Ministers Salman Khurshid, K C Venugopal, Prakesh Jaiswal, Ashwani Kumar and Praful Patel at the Rashtrapati Bhavan in New Delhi on Wednesday, 19 January 2011.

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

Union Minister for Finance, Pranab mukherjee with Minister of Overseas Indian Affairs, Vayalar Ravi and Union Minister of Road and Transport and Highways, Kamal Nath at a plenary session 11 on ‘Opportunity India: Interaction with Union Minister’ during the Opening Ceremony of 9th Overseas Indian Conference ‘Pravasi Bharatiya Divas 2011’ in New Delhi on Saturday, 08 January 2011. New Zealand Governor General Anand Satyanand is present as the chief guest.

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.

Lok Sabha Speaker Meira Kumar with Finance Minister and Congress leader Pranab Mukherjee, Agricuture Minister and NCP chief Sharad Pawar and other non-BJP during the Demonstration at Parliament Street by Gujjar in New Delhi on Friday, 31 December 2010.

Lok Sabha Speaker Meira Kumar with Finance Minister and Congress leader Pranab Mukherjee, Agricuture Minister and NCP chief Sharad Pawar and other non-BJP leaders during the Demonstration at Parliament Street by Gujjar in New Delhi on Friday, 31 December 2010.

Prime Minister Manmohan Singh discusses with Union Finance Minister Pranab Mukherjee and Kapil Sibal, Union Minister for Human Resource Development during the 83rd Plenary Session of the Indian National Congress in New Delhi on Monday, 20 December 2010.

UPA Chairperson and Congress President Sonia Gandhi interact with Union Finance Minister Pranab Mukherjee at the 83rd Plenary Session of the party in New Delhi on Monday, 20 December 2010.

UPA Chairperson and Congress President Sonia Gandhi interact with Union Finance Minister Pranab Mukherjee at the 83rd Plenary Session of the party in New Delhi on Monday, 20 December 2010.

Union Finance Minister Pranab Mukherjee interacts with UPA Chiarperson and Congress President Sonia Gandhi while Prime Minister Manmohan Singh looks on during the Subjects Committee Meeting of the 83rd Plenary Session of the Indian National Congress at Parliament Annexe in New Delhi on Saturday, 18 December 2010.

Union Finance Minister Pranab Mukherjee interacts with UPA Chiarperson and Congress President Sonia Gandhi during the Subjects Committee Meeting of the 83rd Plenary Session of the Indian National Congress at Parliament Annexe in New Delhi on Saturday, 18 December 2010.

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.

Managing Director, International Monetary Fund (IMF) Dominique Strauss-Kahn is greeted by Indian Union Finance Minister Pranab Mukherjee and other leaders during the meeting in New Delhi on Thursday, 02 December 2010. Reports state that Dominique Strauss is on an official visit to the Indian capital from 02 December 03 December 2010.

Managing Director, International Monetary Fund (IMF) Dominique Strauss-Kahn is greeted by Indian Union Finance Minister Pranab Mukherjee prior to the meeting in New Delhi on Thursday, 02 December 2010. Reports state that Dominique Strauss is on an official visit to the Indian capital from 02 December 03 December 2010.

Congress Party Sr. Leader and Union Finance Minister Pranab Mukherjee at All Party Meeting in New Delhi on Tuesday, 30 November 2010.

Congress Party Sr. Leader and Union Finance Minister Pranab Mukherjee with other party leaders at All Party Meeting in New Delhi on Tuesday, 30 November 2010.

Union Finance Minister Pranab Mukherjee reacts at Parliament House after the adjournemnt of Both Lok Sabha and Rajya Sabha on 11th successive day over 2G spectrum and other scam issues on wednesday.

Union Finance Minister Pranab Mukherjee reacts at Parliament House after the adjournemnt of Both Lok Sabha and Rajya Sabha on 11th successive day over 2G spectrum and other scam issues on wednesday.

Finance Minister Pranab Mukherjee,Leader of Opposition in the Lok Sabha Sushma Swaraj, and other leaders during an all-party meeting at Parliament in New Delhi on Monday,November 22,2010

Finance Minister Pranab Mukherjee, Samajwadi Party chief Mulayam Singh Yadav, JD(U) supremo Sharad Yadav and other leaders during an all-party meeting at Parliament in New Delhi on Monday,November 22,2010.

Finance Minister Pranab Mukherjee, Leader of Opposition in the Lok Sabha Sushma Swaraj,Samajwadi Party chief Mulayam Singh Yadav,JD(U) supremo Sharad Yadav and other leaders during an all-party meeting at Parliament in New Delhi on Monday,November 22,2010.

Union Finance Minister Pranab Mukherjee with Samajwadi Party Supremo Mulayam Singh Yadav, Shivsena leader Manohar Joshi and other leaders after All Party Meeting in New Delhi on Tuesday, 16 November 2010.

Union Finance Minister Pranab Mukherjee with Samajwadi Party Supremo Mulayam Singh Yadav, Shivsena leader Manohar Joshi, CPI leader D Raja, Rashtriya Lok Dal President and Lok Sabha MP Ajit SIngh and other leaders after All Party Meeting in New Delhi on Tuesday, 16 November 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.