News:India has received the first tranche of details about financial accounts of its residents in Swiss banks under the automatic info exchange framework. Facts: In 2016,India and Switzerland had signed an Automatic exchange of information(AEOI) deal on bank accounts which came into effect from September 2019. About Automatic exchange of information(AEOI): Automatic exchange of information… Continue reading India receives first tranche of Swiss account details
Tag: Swiss bank
Money in Swiss banks: India ranked 74
According to the data released by the Swiss National Bank(SNB),India has moved down one place to 74th rank in terms of money parked by its citizens and enterprises with Swiss banks. Among the top-ranked jurisdictions, the UK is followed by the US, West Indies, France and Hong Kong in the top five. The top-five countries… Continue reading Money in Swiss banks: India ranked 74
