The government of India constituted a multi-agency group in April 2016 to investigate Indian persons named in the Panama Papers leaks regarding undisclosed foreign assets. The group includes officers from the Central Board of Direct Taxes, Enforcement Directorate, Financial Intelligence Unit, and Reserve Bank of India. The investigation team has been ordered to conduct a time-bound inquiry. The government has also taken steps to expedite the investigation through increased international cooperation. However, the investigation is still preliminary and the International Consortium of Investigative Journalists has noted that not everyone in the Panama Papers is necessarily involved in tax evasion. Further actions will depend on the outcome of the investigation.