Dubbed as the largest data leak in history, Panama Papers, a massive online document leak has thrown open a Pandora's box, with some of the biggest international celebrities and influencers being accused of tax evasion. According to Indian Express there are as many as 500 Indians in the list. Here are some of the top figures.

What are they accused of?

As per Reserve Bank of India (RBI) guidelines, Indian citizen were not allowed to start an overseas entity before 2003.

However, in 2004, for the first time RBI has allowed individuals to remit funds up to $25,000 a year under the Liberalised Remittance Scheme (LRS). But it never allowed Indian citizen to set up companies abroad.

In most of the cases in mentioned in the leak, companies were set up long before the rules were changed and the purpose was to park foreign exchange in a tax havens.