New Swiss law makes bank account info easier to get

I think swiss bank is biggest enemy of India after terrorist. All black money goes to swiss bank.

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.

Yes, this is the very good opportunity for Indian government to find out deposits in Swiss bank.

it will help to make out the information about the tax rules which are changed now.

It would be far wiser to follow what UK Government has done in this regard!

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.

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.