new Delhi. In the fight against black money, Modi government (Modi Govt) got a big success on Friday. In fact, under the new system of automatic exchange of black money information treaty between India and Switzerland, the Swiss government has received the second list of Swiss bank accounts of its citizens. This can be seen as a major achievement in the government’s fight against black money. Let us know that earlier in September 2019, Switzerland had shared information with 75 countries including India. As a major step towards fighting black money, India was informed about its citizens in Swiss Bank.
Switzerland has said that information about 31 lakh financial accounts has been shared with 86 countries. India is among the 86 countries with which Switzerland’s Federal Tax Administration (FTA) has exchanged financial accounts information on the AEOI this year within the framework of global standards.
Although the statement did not separately mention India’s name among 86 countries, officials said that India is among the major countries with which Switzerland shared details about the financial accounts of Swiss bank customers and other financial institutions. Have done Officials further said that Switzerland has shared information about more than 3 million financial accounts with 86 countries this year and that a “large number” pertains to Indian citizens and institutions.
The post Modi government’s big success, India gets second list of Swiss bank accounts, India gets second set of Swiss bank account details first appeared on Suspense Crime,News, Google news, News today, Breaking News, Current news, Todays Newspaper, Business news, Sports news, Entertainment news, Headlines today, Top stories.
0 Comments