Accounts of Indian residents in Switzerland Archives - Tax Heal https://www.taxheal.com/tag/accounts-of-indian-residents-in-switzerland Complete Guide for Income Tax and GST in India Tue, 22 Nov 2016 14:09:39 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 Accounts of Indian residents in Switzerland :-Sharing of financial information w.e.f sep 2019 https://www.taxheal.com/accounts-of-indian-residents-in-switzerland.html https://www.taxheal.com/accounts-of-indian-residents-in-switzerland.html#respond Tue, 22 Nov 2016 14:09:39 +0000 http://taxheal.com/?p=18044 India and Switzerland Sign ‘Joint Declaration’ for the implementation of Automatic Exchange of Information (AEOI) between the two countries Fighting the menace of Black Money stashed in offshore accounts has been a key priority area for the present Government. To further this goal, Mr. Sushil Chandra, Chairman, CBDT signed the‘Joint Declaration’ on behalf of India… Read More »

]]> India and Switzerland Sign ‘Joint Declaration’ for the implementation of Automatic Exchange of Information (AEOI) between the two countries

Fighting the menace of Black Money stashed in offshore accounts has been a key priority area for the present Government. To further this goal, Mr. Sushil Chandra, Chairman, CBDT signed the‘Joint Declaration’ on behalf of India while Mr. Gilles Roduit, Deputy Chief of Mission of Swiss Embassy in India, signed on behalf of Switzerland, for the implementation of Automatic Exchange of Information (AEOI) between India and Switzerland here today.

As a result, it will now be possible for India to receive from September, 2019 onwards, the financial information of accounts held by Indian residents in Switzerland for 2018 and subsequent years, on an automatic basis.

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