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Swiss Accounts
Black money is no more an issue with India says Swiss envoy
ANI -
Traditionally, Switzerland was seen as a safe tax haven for Indian businessmen, politicians and industrialists.
India receives the first list of details of its Swiss Bank account holders under Automatic Exchange Information Agreement
According to Automatic Exchange of Information agreement signed by India and Switzerland, India received the first set of list of Indians having Swiss Bank accounts
Nirav Modi’s 4 bank accounts having cumulative funds of USD 6 million frozen by Swiss authorities
So far Nirav Modi has tried to get bail four times, but have been unsuccessful in each of them
Obligated by the agreement with Modi, Swiss authorities to share details of 50 Indians nationals holding accounts in Swiss banks
Since Modi came to power, money parked by Indians in Swiss banks started reducing drastically
As part of AEOI agreement with India under Modi, Switzerland-based banks notifies 11 Indians to share bank account details
In about a decade the funds held by Indians with Swiss banks went down to almost one-tenth
AgustaWestland scam: Key accused Rajiv Saxena to move court seeking to turn approver
Several startling revelations came to light in the VVIP chopper scam soon after the case gained momentum post middleman Christian Micheal's extradition to India.
Switzerland government to provide Vijay Mallya’s swiss bank account details to India
After the go ahead by Federal Supreme Court of Switzerland, India will get Vijay Mallya’s swiss bank account details
Switzerland’s top court allows sharing of data with Indian authorities in tax evasion cases
The court as a result rejected an appeal by two Indian citizens
Modi Govt cracks down on IT defaulters – Can’t escape scrutiny with change of address
Two strict measures have come into play
India can access details of black money stashed in Swiss banks from 2019
Switzerland has ratified automatic exchange of financial account information with India.
