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India gets 4th set of Swiss bank account details under automatic info exchange framework

Income Tax
India gets 4th set of Swiss bank account details under automatic info exchange framework

  • Oct 11, 2022
    India has received the fourth set of Swiss bank account details of its nationals and organisations as part of an annual automatic information exchange under which Switzerland has shared particulars of nearly 34 lakh financial accounts with 101 countries.Officials said the new details shared with India pertain to “hundreds of financial accounts”, including many cases of multiple accounts associated with some individuals, corporates and trusts.

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