India will start getting Swiss Bank details of Indians from today | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
July 14, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, JULY 14, 2025
India will start getting Swiss Bank details of Indians from today

Global Economy

livemint
01 September, 2019, 11:55 am
Last modified: 01 September, 2019, 12:00 pm

Related News

  • International wildlife trafficking gang busted in India
  • Indian election officials says 'large number' of foreigners found during Bihar voter list revision
  • India eases sulphur emission rules for coal power plants, reversing decade-old mandate
  • Musk's Tesla marks formal India entry with Mumbai launch event
  • Inside the cockpit: How Air India's Boeing Dreamliner flight ended in disaster

India will start getting Swiss Bank details of Indians from today

The development is a major success of the Modi government's fight against black money ever since it first came to power in 2014.

livemint
01 September, 2019, 11:55 am
Last modified: 01 September, 2019, 12:00 pm
The development is a major success of the Modi government's fight against black money. (Photo: Bloomberg)
The development is a major success of the Modi government's fight against black money. (Photo: Bloomberg)

India will start getting details of bank accounts held by its citizens in Switzerland from September, ending the era of Swiss bank secrecy.

The development is a major success of the Modi government's fight against black money ever since it first came to power in 2014.

"India will receive information of the calendar year 2018 in respect of all financial accounts held by Indian residents in Switzerland. This will be a significant step in the government's fight against black money as the era of Swiss bank secrecy will finally be over," the Income Tax department said in a tweet.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The announcement follows meeting of a Swiss delegation led by Nicolas Mario Luscher, Deputy Head of Tax Division, State Sectt for International Finance, with Revenue Secretary Ajay Bhushan Pandey and senior tax officials of Central Board of Direct Taxes (CBDT).

The first automatic exchange of financial account information (AEOI) under Common Reporting Standard (CRS) would start from next month.

During the 2-day meeting in the Capital on August 29-30, both sides discussed bilateral exchange of information matters to expedite execution of tax information sharing requests made by India in specific cases.

"Enhancing collaboration in offshore tax compliance matters were also discussed," the department said.

Top News

India / Swiss Bank

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infograph: TBS
    From fuels to fruits, imports slump on depressed demand
  • Sk Bashir Uddin. File Photo: Collected
    Commerce adviser to brief media today on US tariff negotiation
  • Infograph: TBS
    Govt to set six conditions to prevent delays, waste in foreign-funded projects

MOST VIEWED

  • RAB Director General AKM Shahidur Rahman speaks at the press briefing on a fake bomb threat on Biman Bangladesh flight on Saturday, 12 July 2025. Photo: TBS
    Mother faked bomb threat on Biman flight to stop married son from flying with girlfriend: RAB
  • Bangladeshi garment workers make clothing in the sewing section of a factory in Gazipur, Bangladesh, April 9, 2025. Photo: REUTERS/Mohammad Ponir Hossain/File Photo
    Some Walmart garment orders from Bangladesh on hold due to US tariff threat
  • Infographic: TBS
    Dollar price plummets by Tk2.9 in a week as demand wanes
  • From Gulf to Southeast Asia, why Bangladeshis are facing visa denials
    From Gulf to Southeast Asia, why Bangladeshis are facing visa denials
  • Bangladesh and US hold tariff talks on 11 July 2025. Photo: CA Press Wing
    Dhaka, Washington yet to agree on 20% of US tariff conditions: BGMEA
  • Energy Adviser Fouzul Kabir Khan speaking about tariff negotiations with United States on 13 July 2025. Photo: TBS
    US wants a framework agreement with Bangladesh that includes their security concerns: Fouzul

Related News

  • International wildlife trafficking gang busted in India
  • Indian election officials says 'large number' of foreigners found during Bihar voter list revision
  • India eases sulphur emission rules for coal power plants, reversing decade-old mandate
  • Musk's Tesla marks formal India entry with Mumbai launch event
  • Inside the cockpit: How Air India's Boeing Dreamliner flight ended in disaster

Features

Photo: Collected

Grooming gadgets: Where sleek tools meet effortless styles

17h | Brands
The 2020 Harrier's Porsche Cayenne coupe-like rear roofline, integrated LED lighting with the Modellista special bodykit all around, and a swanky front grille scream OEM Plus for the sophisticated enthusiast looking for a bigger family car that isn’t boring. PHOTO: Ahbaar Mohammad

2020 Toyota Harrier Hybrid: The Japanese Macan

1d | Wheels
The showroom was launched through a lavish event held there, and in attendance were DHS Motors’ Managing Director Nafees Khundker, CEO Imran Zaman Khan, and GMs Arman Rashid and Farhan Samad. PHOTO: Akif Hamid

GAC inaugurate flagship showroom in Dhaka

1d | Wheels
After India's visa restriction, China's Kunming is drawing Bangladeshi patients

After India's visa restriction, China's Kunming is drawing Bangladeshi patients

2d | Panorama

More Videos from TBS

When the Threat Is Inside the White House

When the Threat Is Inside the White House

11h | Others
Shooting in Pallabi: What the police are saying

Shooting in Pallabi: What the police are saying

12h | TBS Stories
News of The Day, 13 JULY 2025

News of The Day, 13 JULY 2025

14h | TBS News of the day
Countries where Bangladeshis are not getting positive responses to their visa applications

Countries where Bangladeshis are not getting positive responses to their visa applications

13h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net