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New Swiss law makes bank account info easier to get
in General Discussions
The Swiss parliament on Friday gave approval to amendments to tax treaties with countries, including India, that makes it easier for them to access information about the illegal funds held by their nationals in Swiss private banks.

http://www.mathrubhumi.com/english/story.php?id=110241
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    I think swiss bank is biggest enemy of India after terrorist. All black money goes to swiss bank.

    Santosh Kumar Singh


    http://experienceofknowledge.blogspot.com/

     

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    Govt. of India could take addvantage of the change in law and get necessary information to detect tax evasion and take appropriate steps in the matter.

    G. K. Ajmani Tax consultant
    http://gkajmani-mystraythoughts.blogspot.com/

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    Yes, this is the very good opportunity for Indian government to find out deposits in Swiss bank.
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    it will help to make out the information about the tax rules which are changed now.
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    It would be far wiser to follow what UK Government has done in this regard!
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    Earlier Swiss bank used to be an avenue to hide the unaccounted money or so called black money earned from undisclosed means on which tax evasion is done.In the context of our country, it is done by politicians, businessmen and all other having money from wrong means.

    The new disclosure will bring about metamorphic changes in terms of transparency and in turn would discourage this kind of fund inflow.
    Arise Awake and Rest Not till the Goal is Achieved.
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    The new disclosure will bring about metamorphic changes in terms of transparency and in turn would discourage this kind of fund inflow.


    Yes , we can expect.
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