Live
- Stokes motivates his team to put in extra effort, says England pacer Potts
- From overcoming setbacks to leading India in U19 Women’s Asia Cup, Niki Prasad's amazing journey
- Constitution debate: PM Modi hails 'Nari Shakti'; makes strong pitch for 'United Bharat’
- Bihar: Inquiry initiated against principal who went to buy veggies during school hours
- TN: DMK postpones executive meet due to heavy rains & Parliament session
- Porous silicon oxide electrodes can fix durability issues in batteries: Researchers
- Jalandhar civic polls: AAP promises launch of 100 e-buses, round the clock water supply
- Economic upliftment of rural women is priority of Tripura govt: CM Saha
- Rajmata Jijabai Trophy: Manipur move to top of the table, T.N register first win
- Italian envoy Baroli hoping to strengthen ties with India through football
Swiss Banks will offer info to India in a time-bound manner
Highlights
In a major breakthrough in India\'s fight against black money allegedly stashed abroad, Switzerland said it will examine Indian requests for banking information on a priority basis and provide requested details in a time-bound manner.
New Delhi: In a major breakthrough in India's fight against black money allegedly stashed abroad, Switzerland said it will examine Indian requests for banking information on a priority basis and provide requested details in a time-bound manner.
The Swiss authorities would also "assist in obtaining confirmation on genuineness of bank documents on request by the Indian side and also swiftly provide information on requests related to non-banking information".
"... the Swiss competent authority will provide the Indian side with the requested information in a time-bound manner or else indicate the reasons why the cases cannot be answered within the agreed timeline," a Swiss-Indian joint statement said after a high-level meeting between the official of the two countries on tax matters.
The meeting took place in Berne between Revenue Secretary Shaktikanta Das and his Swiss counterpart, State Secretary for International Financial Matters, Jacques de Watteville.
They discussed various bilateral and multilateral tax and financial issues and also agreed on continuing the dialogue between the two countries, a statement from Swiss government said.
Next Story
ADVERTISEMENT
