From what it means to what govt can do next: 16 FAQs about Paradise Papers

Among 180 countries listed in the data leak, India ranks 19th on number of persons named in the documents

A fresh, vast leak of financial records, dubbed the Paradise Papers, has brought the spotlight on how global corporate giants and hedge funds allegedly skirted taxes and the apparently hidden wealth of prominent Indians. This cache of 13.4 million documents comes more than a year after the release of the Panama papers and includes names of Indians such as Amitabh Bachchan, MoS Civil Aviation Jayant Sinha, and Vijay Mallya, among others, according to an Indian Express report. The paper has not suggested any illegality associated with the leaked names. 

Here are 16 frequently asked questions about the leak and