'Switzerland fully co-operating with India on tax matter'
As India's government and tax officials meet their counterparts in Switzerland, Swiss Ambassador Linus von Castelmur on Wednesday said his country is fully co-operating with the authorities here on tax matters.
Oct 15, 2014, 15:38 PM IST
Black money: Top Indian tax team heads to Switzerland
A high-level delegation of tax and revenue officials is set to soon travel to Switzerland in order to pursue cases of black money and secret accounts held by Indians in banks in the Alpine nation.
Oct 14, 2014, 17:10 PM IST
Black money issue: Indian, Swiss officials to meet soon
Indian and Swiss government officials are expected to meet in the coming weeks as both countries seek to address issues revolving around alleged black money.
Oct 09, 2014, 15:16 PM IST
End of Swiss banking secrecy in sight by 2018
Switzerland`s embattled banking secrecy could be dealt a final death blow in 2018, after the government decided on Wednesday to launch talks with other nations on the automatic exchange of account details.
Oct 08, 2014, 23:15 PM IST
Switzerland gears up for automatic exchange of tax info; unclear on India
In the initial phase, these countries would include those with which Switzerland has "close economic and political ties", but it is not yet clear whether these nations would include India.
Oct 08, 2014, 18:44 PM IST
WEF meet in January to address new global context
The 45th Annual Meeting of the World Economic Forum will take place from January 21-24 in Davos-Klosters, Switzerland, with 'The New Global Context' as its theme.
Oct 03, 2014, 17:52 PM IST
UBS pays 1.1-billion-euro bail in France for tax fraud
Swiss banking giant UBS has made a 1.1-billion-euro ($1.4 billion) bail payment for allegedly helping rich French clients to hide money in Switzerland, a lawyer for the firm said Tuesday.
Sep 30, 2014, 22:18 PM IST
Swiss economy most competitive once again; EU, U.S., Japan improve
The European Union is becoming more competitive but Switzerland, Singapore and the United States are the three economies to beat, an annual survey by the World Economic Forum said on Wednesday.
Sep 03, 2014, 05:52 AM IST
Foreign clients move Rs 25 lakh crore away from Swiss banks
As India steps up its pressure on Switzerland in its black money pursuit, foreign clients' funds worth 350 billion Swiss francs (nearly Rs 25 lakh crore) have left Swiss banks in the past six years.
Aug 31, 2014, 18:13 PM IST
Black money: India get Swiss banks' data of hoarders
Tax investigators pursuing instances of black money stashed abroad by Indians have finally been able to circumvent the Swiss secrecy code by asking over 100 such account holders to submit on their own details of personal balances in these banks, brought under the tax net recently, for lesser penal action for evasion.
Aug 24, 2014, 16:06 PM IST
Switzerland proposes severe punishment for bank secrecy breach
In a fresh setback to India's efforts to get details of the so-called HSBC list from Switzerland, the Swiss government on Wednesday pitched for better protection of bank client data and severe penalties for those violating the banking secrecy.
Aug 13, 2014, 19:34 PM IST
Black money: OECD unveils automatic info exchange framework
In a major development in the fight against black money, multilateral grouping OECD Monday unveiled a 'single global standard' for automatic exchange of financial account information by various countries including India and Switzerland.
Jul 21, 2014, 18:27 PM IST
Switzerland, China agree swap boosting role of yuan
The BNS statement said that the agreement was "an important step" for the renminbi business in Switzerland.
Jul 21, 2014, 15:55 PM IST
Black money: Switzerland invites India for discussions
As India steps up pressure on Switzerland for details of alleged black money stashed there, Swiss authorities have invited Indian officials to Berne to discuss further cooperation in these matters.
Jul 20, 2014, 15:15 PM IST
Switzerland tops innovation rankings for fourth year
Switzerland has claimed the top spot on the Global Innovation Index for the fourth-straight year while Sub-Saharan Africa "posted significant regional improvement".
Jul 19, 2014, 13:36 PM IST
No list of Indians holding money in Swiss banks: FM
India has been told four days ago that there is no list of Indian tax residents holding assets in Swiss Banks in their own name or through structures, the Rajya Sabha was informed Tuesday.
Jul 08, 2014, 18:48 PM IST
Black money: Make requests that are 'justified', say Swiss banks to India
As India steps up pressure on Swiss authorities in its pursuit of alleged black money, banks in Switzerland say they follow strict rules and the requests from Indian authorities must be "properly justified".
Jul 06, 2014, 17:23 PM IST
Switzerland-China landmark free-trade deal comes into force
A watershed free-trade deal between China and Switzerland came into force on Tuesday, the first such accord between the Asian giant and a mainland European economy.
Jul 01, 2014, 23:58 PM IST
All info about black money will be made public: Govt
India has made a fresh request to Switzerland seeking bank details and names of Indians having unaccounted money in the country's banks.
Jun 30, 2014, 20:43 PM IST
Swiss flag 'organised crime' link in India laundering trail
The disclosure has been made by the Money Laundering Reporting Office Switzerland (MROS), which is part of the Swiss Federal Office of Police.
Jun 30, 2014, 15:51 PM IST
