swiss account

swiss account News

No claimants for dormant Swiss accounts of Indians; some may get liquidated soon

The Swiss government began making details of dormant accounts public in 2015 to allow their claimants submit necessary proof to get access to those funds, which included at least 10 accounts linked to Indians.

Swiss FTA submits first set of data on Indian account holders

Switzerland’s Federal Tax Administration (FTA), in a statement Monday, said it has exchanged information on financial accounts with 75 countries, out of which 63 reciprocated, under the global framework of the automatic exchange of information (AEOI).


Swiss banks accounts: Indian details to be transferred

Pointing to volume, Swiss office says several dispatches may be needed. According to the two Swiss agencies, India is among 73 countries with whom information on bank accounts will be shared this year — AEOIs were implemented with 36 countries last year.

Black money: Swiss parliamentary panel approves automatic information exchange with India

The exchange will work like this -- If an Indian has a bank account in Switzerland, the bank concerned will disclose the financial account data to authorities there; the Swiss authority will automatically forward the information to its peer in India who can then examine the person's details.

Foreign accounts: I-T Act in need of amendments for greater clarity

IF NRIs’ assessments are re-opened for last 16 years, it will be very difficult to explain the detail of each and every credit their source.

Swiss account unrelated to team: Bayern prez

This gave me a kick,pure adrenaline: Hoeness


Will reveal accounts if India gives specific info: Swiss V-P

Switzerland said it would have no problems in revealing details of Indians allegedly having illegal accounts in Swiss banks if New Delhi came up with specific requests.

Name ministers who visited Switzerland,Advani tells PM

Stepping up pressure on the UPA Government over the black money stashed in secret accounts of the Swiss banks.....


L.K. Advani recently asked the UPA to pressure Swiss banks to reveal their Indian account holders. Vinay Sitapati explains the context: