NEW DELHI: Reacting to report of 50% rise in money held by Indians in Swiss banks , Union minister Arun Jaitley on Friday slammed those using the information to question the government's anti-black money measures."A news item has appeared today indicating an increase of money by ‘Indians’ in the Swiss banking system. This has led to misinformed reaction in certain circles raising a query whether the Government’s anti-black money steps have yielded results," Jaitley wrote in his latest Facebook post.He further said, "To assume that all the deposits are per se tax evaded money or that Switzerland in the matter of illegal deposits is what it was decades ago, is to start on a shaky presumption."He also warned that Indians with illegal deposits in Swiss banks would face harsh penal proceedings under the black money law after Switzerland starts real time sharing of details of accounts from January 2019 onwards.Stating that 'Indian’ money outside the country is of various categories, Jaitley said, "Past investigation by CBDT have shown that this includes many held by persons of Indian origin who now hold foreign passport, monies belonging to Non-Resident Indians, as also monies belonging to resident Indians who have made legitimate investments abroad, including transfer of money under the liberalised remittance schemes. It is only monies kept by resident Indian outside these categories which become actionable.""The first two categories are within the jurisdiction of those countries where these persons are residents and the third category can easily be checked up in India. If the deposit does not fall in any of these categories, it is per se illegal for which investigations are undertaken, arrests are made and criminal prosecutions are launched," he said.Earlier today, finance minister Piyush Goyal expressed similar views and questioned how all the deposits can be assumed to be black money"The data that you alluded to will come to us, so how are you assuming that this is black money or this is illegal transaction?" Goyal said. He added that strong action will be taken against those found guilty of wrongdoing.