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Explained: India will get Swiss bank details of Indians from today. What does this mean?

This is not a new measure. In 2016, India and Switzerland had signed an information-sharing deal on bank accounts, which was to come into effect from September 2019.

Swiss banking details of Indians to be made available from tomorrow

Central Board of Direct Taxes (CBDT, which frames policy for the Income Tax Department, said that this is a significant step in the government's fight against black money and the era of "Swiss bank secrecy" will finally be over from September.

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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.

Vijay Mallya faces setback in his case to save London home

The case relates to a mortgage taken out by Rose Capital Ventures, one of Mallya's companies, with the 62-year-old businessman, his mother Lalitha and son Sidhartha, listed as having the right of occupancy on the property.

Amid govt's 'clampdown' on black money, Indians' money in Swiss banks rise 50 per cent

On Supreme Court's direction, the government had constituted a Special Investigation Team (SIT) to probe cases of alleged black money of Indians, including funds stashed abroad in places like Switzerland.

Swiss man stands trial in Germany on spying charges

The state of NRW has for years irritated Switzerland by buying data as part of a crackdown on Germans stashing cash in secret accounts to avoid paying tax. The state has spent 17.9 million euros since 2010 on data that has helped it recover nearly 7 billion in tax revenue.

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Black money: Switzerland ratifies automatic exchange of information with India

The Swiss Federal Council said that the implementation of the information exchange is planned for 2018 and that the first set of data exchange would happen in 2019

Black money: Switzerland may change laws, start sharing banking information

"We will have a black money discussion (with finance minister Arun Jaitley) to solve and clarify (the issue)," said Swiss economic affairs minister.

SC snaps back at Govt: Not 2 or 3, give us all the names... are you holding a protective umbrella?

The apex court also said that it is open for a CBI investigation into cases of tainted money.

Letters to the editor

An Indian family This refers to ‘Intermarriage is not jihad, it is India’ (IE, October 15). I would like to congratulate the writer and The Indian Express for the brilliant article. We need more such voices to be heard. I am from a Christian family and my wife is a Hindu. My brothers and sisters […]

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