Swiss Bank Accounts

India Gets 2nd Set Of Swiss Bank Account Details To Help Curb Black Money

India News | Press Trust of India | Friday October 9, 2020

India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.

Swiss Government Issues Notices Over Bank Details Of Congress's Kuldeep Bishnoi, Wife

India News | Press Trust of India | Thursday July 9, 2020

The Government of Switzerland has issued public notices for sharing of details with India about Swiss bank accounts and other financial assets of Congress leader Kuldeep Bishnoi and his wife Renuka following receipt of an ''administrative assistance'' request from the Indian authorities.

Indians' Money In Swiss Banks Down 6% At Rs 6,625 Crore In 2019

Business | Press Trust of India | Thursday June 25, 2020

This marks the second consecutive year of decline in aggregate funds of Indian clients with all Swiss banks.

Rs 385 Crore In Assets Of AugustaWestland Middleman Rajiv Saxena Attached

India News | Edited by Divyanshu Dutta Roy | Saturday May 30, 2020

Five Swiss bank accounts and other assets worth around Rs 385 crore of Rajiv Saxena, a middleman in the AgustaWestland money laundering case, have been attached, the Enforcement Directorate said on Friday.

India Seeks Businessman Ratul Puri's Swiss Bank Details; Switzerland Issues Notice

India News | Press Trust of India | Wednesday April 15, 2020

Switzerland's tax authorities today issued public notices for Indian businessman Ratul Puri, his father and two offshore firms linked to them after India sought details of their Swiss bank accounts for allegedly having illicit funds.

Centre Refuses To Share Swiss Bank Account Details Of Indians: Report

India News | Press Trust of India | Monday December 23, 2019

The Finance Ministry has declined to share Swiss bank account details of Indians saying it is covered under "confidentiality provisions" of a tax treaty signed between India and Switzerland.

India Gets First Chunk Of Data On Swiss Bank Account Holders

India News | Press Trust of India | Monday October 7, 2019

India has got first chunk of Swiss bank account details of its nationals under a new automatic information exchange pact, a major milestone in the government's fight against black money stashed abroad.

Tax Officials To Get Swiss Bank Details Of Indians From Today

India News | Press Trust of India | Sunday September 1, 2019

Banking details of Indians with accounts in Switzerland will be available to tax authorities from Sunday as the automatic exchange of information regime kicks off between the two countries.

Government To Get Swiss Bank Details Of All Indians From September

India News | Press Trust of India | Wednesday July 10, 2019

India's fight against suspected black money stashed abroad will get a major boost this September in the form of first set of detailed financial information about all Indians having Swiss bank accounts, including those closed since last year.

4 Swiss Accounts Of Nirav Modi, Sister Purvi Worth Over 280 Crores Seized

India News | Reported by Arvind Gunasekar, Edited by Chandrashekar Srinivasan | Thursday June 27, 2019

The Enforcement Directorate today seized four Swiss bank accounts belonging to fugitive Nirav Modi and his sister, Purvi Modi. The four accounts together hold over Rs 280 crore

11 Indians Get Swiss Notices In Process To Share Banking Details

India News | Press Trust of India | Monday May 27, 2019

As Switzerland strives hard to re-establish its global financial centre position after clamping down on secrecy walls of its banks, there has been a significant surge in the number of cases where it has initiated process to share information on Indians with Swiss bank accounts and shot off letters to about a dozen such individuals last week itself.

India To Get Info On Account Holders In Swiss Banks From 2019: Centre

India News | Press Trust of India | Wednesday January 2, 2019

India will start receiving from Switzerland this year information relating to financial accounts held by Indians in Swiss banks, government said Wednesday.

Money Of Indians In Swiss Banks Rises 50% To Over Rs 7,000 Crore

India News | Press Trust of India | Friday June 29, 2018

Money parked by Indians in Swiss banks rose over 50 per cent to 1.01 billion Swiss francs (Rs 7,000 crore) in 2017, reversing a three-year downward trend amid India's clampdown on suspected black money.

Black Money: Swiss Panel To Discuss Ways To Share Information With India

India News | Press Trust of India | Sunday August 27, 2017

The Committee on Economy and Royalties of the National Council or CER-N, a key panel of Swiss parliament which rejected on August 15 a proposal seeking to outrightly suspend implementation of the AEOI Switzerland has agreed to adopt with 41 nations including India, will examine the criteria a country would need to satisfy to start getting access to...

Switzerland, India Enter Data Exchange Pact Over Black Money Details

Business | Press Trust of India | Sunday August 6, 2017

The deal will open a continuous access to details about alleged black money hoarders in once-all-secret Swiss banks.