E-PaperSwiss Bank Accounts News
India gets first tranche of Swiss bank account details under info exchange pact
India among 75 nations with which Switzerland's FTA exchanged information on bank accounts within the framework of global standards on AEOINext exchange of Swiss bank account details to take place in September 2020
4 min read7 Oct 2019Money in Swiss banks: India moves to 73rd place, UK remains on top
India had slipped to 88th place with a 44% plunge in such funds during 2016, but the latest data from the Swiss National Bank shows an increase of over 50% during 2017 to about Rs7,000 crore
4 min read1 Jul 2018Black money: India, Switzerland ink deal for data sharing from 1 January
The deal between India and Switzerland allows automatic sharing of tax-related information from 1 January 2018
1 min read21 Dec 2017Indian money in Swiss banks at record low of Rs4,600 crore
The slump in Indian money in Swiss bank accounts is a result of the government's continuing clampdown on black money
5 min read29 Jun 2017Switzerland ratifies automatic exchange of financial information with India, others
Switzerland's Federal Council will notify date from which automatic information exchange will begin and the court's decision is not subject to referendum
1 min read16 Jun 2017Tax evasion: India, Switzerland information sharing pact by December
The pact will enable India to receive all financial information about its residents from Switzerland from 2018
2 min read16 Jun 2016Britain says India joins Europe-led plan to tackle tax evasion
Signatories to the scheme undertake to give one another free access to information on who ultimately owns companies
1 min read8 Jun 2016India is a home market for HSBC: Stuart P. Milne
HSBC is looking at more investments in the digital space in India this year, says Stuart P. Milne
10 min read30 Mar 2016Black money: focus on shell firms, indirect ownership
SIT asks Serious Fraud Investigation Office to regularly mine data from ministry of corporate affairs database, share information with other agencies
3 min read4 Nov 2015Yash Birla among seven Indian names made public for having Swiss accounts
Ponty Chadha's son-in-law, two Mumbai-based individuals named in the City Limousines scam, Delhi-based businesswoman Ritika Sharma also named
2 min read27 May 2015Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared