More than a year after India and Switzerland signed a revised Double Tax Avoidance Agreement, the Indian finance ministry said it has started receiving banking and tax-related information from Switzerland.

Date: Dec 8, 2011

Tags: India, Tax, Switzerland

More than a year after India and Switzerland signed a revised Double Tax Avoidance Agreement (DTAA), the Indian finance ministry said it has started receiving banking and tax-related information from Switzerland.

This development is expected to help tackle the problem of black money in India, said local news reports.

More details:  http://www.hindustantimes.com/India-news/NewDelhi/India-starts-getting-banking-info-from-Switzerland/Article1-766474.aspx

http://businesstoday.intoday.in/story/swiss-accounts-indians/1/19920.html