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India, Switzerland ink accord for info on Indian account holders

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New Delhi, 22 Nov 2016 : From September 2019, India will start getting information automatically about accounts held by Indians in Swiss banks. An Automatic Exchange of Information (AEOI) accord signed by the two countries on Tuesday facilitates this.

“Fighting the menace of black money stashed in offshore accounts has been a key priority for the present government,” a Finance Ministry release said here.

Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra and Deputy Chief of Mission in the Swiss embassy here Gilles Roduit signed the joint declaration for implementation of Automatic Exchange of Information between the two nations, the statement said.

“It will now be possible for India to receive from September 2019 onwards the financial information of accounts held by Indian residents in Switzerland for 2018 and subsequent years on an automatic basis,” it added.

The government’s recent demonetisation of high-value currency notes has provoked calls from opposition parties for the government to act also against black money stashed abroad, particularly in Swiss banks.

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Bigg boss 13: Siddharth Shukla won, Asim first runnerup

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Delhi court convicts 19 persons in Bihar’s Muzaffarpur shelter home case

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New Delhi, 20 Jan : The Saket court in Delhi on Monday convicted 19 accused, including high-profile Brajesh Thakur, in connection with the alleged sexual and physical assaults on girl inmates at a shelter home in Bihar’s Muzaffarpur district.

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Violence in JNU, masked goons attack students, teachers

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New Delhi, 5 Jan : Violence swept the Jawaharlal Nehru University on Sunday as several masked individuals, both male and female, thrashed students, including girls, and teachers inside the varsity campus with wooden and metal rods.

Shah takes stock of situation, orders probe

Union Home Minister Amit Shah on Sunday ordered the Delhi Police to take all necessary action to control the situation in the Jawaharlal Nehru University where widespread violence in the evening left many students, including girls, and teachers injured.

Priyanka Gandhi reaches AIIMS to meet injured JNU students

Congress General Secretary Priyanka Gandhi Vadra on Sunday reached All India Institute of Medical Sciences (AIIMS) to meet the students who were injured during the clash between the two groups inside the Jawaharlal Nehru University (JNU).

Fascists in control of our nation: Rahul

Congress leader Rahul Gandhi attacked the Central government over the violence that erupted in the Jawaharlal Nehru University (JNU) campus on Sunday.

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