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Finance Ministry Clarifies On Reports Of Money In Swiss Banks

The Finance Ministry today clarified on reports that had emerged in the media stating that funds of Indian in Swiss Banks had risen to Rs 20,700 crores. "Certain reports have appeared in the media on June 16, 2021 stating that funds ...

Indians' Funds In Swiss Banks Rise To Over Rs 20,000 Crores

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, ...

Switzerland most secretive financial place; India ranks 32nd

NEW DELHI: Switzerland remains the world's most secretive place on financial matters, while India ranks 32nd on a new global scale. Switzerland, despite global efforts to crack down on the famed secrecy walls surrounding Swiss banks, was on top, followed ...

Switzerland to automatically share tax info with India, others

In a major boost for India and other countries seeking details on suspected black money stashed in Swiss banks, Switzerland on Tuesday agreed to automatic exchange of information and mutual administrative assistance in tax matters with overseas authorities. The development, ...