The government will start receiving details of Indians holding bank accounts in Switzerland this month as the the first automatic exchange of financial information under the common reporting standards between the two countries comes into operations, tax officials said. This will be a major boost to the govt's fight against black money and comes after several rounds of talks between the countries.
source https://timesofindia.indiatimes.com/business/india-business/govt-to-get-swiss-account-details-this-month/articleshow/70930262.cms
Saturday, 31 August 2019
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