ForumIAS LATEST
- 04 June | MGP Strategy Series | GS Paper 4 (Ethics) with AIR 7 A.R. Rajah Mohaideen Click Here to register for the session →
- 04 June | GS Advance Program begins from 4th June 2026 | First 2 classes open to all Click Here to register for the event →
- 05 June | MGP Strategy Series | GS Paper 3 Strategy Session with AIR 406 Mannat Luthra Click Here to register for the session
- 06 June | Open Orientation on Essay Guidance Program (EGP 2026) Click Here to register →
- 07 June | Open Orientation for Current Affairs for Mains 2026 Click Here to register →
- 07 June | Sociology Optional Strategy Session with AIR 10 Ujjwal Priyank Click Here to register →
Black money: India-Swiss data sharing from Jan. 1
Context
India signed an agreement with Switzerland on Thursday that would allow automatic sharing of tax-related information from January 1 next year, the CBDT said
Backdrop
The policy-making body for the Income Tax Departmentsaid the agreement was signed by CBDT chairman SushilChandra andSwiss Ambassador to IndiaAndreas Baum at the North
Block here
Joint declaration
A joint declaration for the implementation of Automatic Exchange of Information was signed lastmonth between the twosides here, and it providedthat both countries wouldstart collecting data in accordance with the globalstandards in 2018 and ex-change it from 2019 onwards
