COIMBATORE: The Switzerland government started amassing data on checking account holders from India beginning in January this year and the list can be shared with the Indian government in 2019, mentioned Switzerland’s ambassador to India and Bhutan, Andreas Baum, on Thursday.
Baum mentioned as in step with the agreement signed via the Swiss government in November 2018, the government had started work on amassing data. “We have created a list which accommodates names of people who have cash in banks in Switzerland. This is all very felony as they have got declared their income,” he mentioned.
“Switzerland can no longer be related to black cash,” he mentioned.
“We are running on computerized alternate of information on tax issues as in step with the agreement signed, remaining year. The process of sharing of information will begin quickly. The list will turn into to be had with all nations,” mentioned Andreas.
This alternate would occur with the entire nations in the world, he mentioned. “India and Swiss governments were running in quite a lot of fields comparable to climate, setting, science, era, business and tourism. In the remaining 18 months, 3 conferences at the best possible stage have taken position indicating an intensification in the 70 years of diplomatic relationship. We are negotiating to succeed in loose business agreement which can be finalised quickly and a new frame work to offer protection to investments in India,” he mentioned.
The ambassador mentioned there have been a large number of construction in the relationship between the two nations as they were running together in quite a lot of spaces. “Several MoUs were signed, systematic dialogues in lots of spaces of setting, science, monetary issue, business issue has already taken form,” he mentioned.
He mentioned the Swiss consulate basic in Bengaluru was running carefully with startups on innovation and medical cooperation. In Mumbai, the point of interest was on business and small and medium scale enterprises. In New Delhi, the embassy was running carefully on business and fiscal agreements, he added.
Baum was in Coimbatore to inaugurate a slew of tasks underneath CAPAcities that focusses on capability construction for low carbon and climate resilient city construction in India funded via the Swiss agency for construction and cooperation.
Baum mentioned as in step with the agreement signed via the Swiss government in November 2018, the government had started work on amassing data. “We have created a list which accommodates names of people who have cash in banks in Switzerland. This is all very felony as they have got declared their income,” he mentioned.
“Switzerland can no longer be related to black cash,” he mentioned.
“We are running on computerized alternate of information on tax issues as in step with the agreement signed, remaining year. The process of sharing of information will begin quickly. The list will turn into to be had with all nations,” mentioned Andreas.
This alternate would occur with the entire nations in the world, he mentioned. “India and Swiss governments were running in quite a lot of fields comparable to climate, setting, science, era, business and tourism. In the remaining 18 months, 3 conferences at the best possible stage have taken position indicating an intensification in the 70 years of diplomatic relationship. We are negotiating to succeed in loose business agreement which can be finalised quickly and a new frame work to offer protection to investments in India,” he mentioned.
The ambassador mentioned there have been a large number of construction in the relationship between the two nations as they were running together in quite a lot of spaces. “Several MoUs were signed, systematic dialogues in lots of spaces of setting, science, monetary issue, business issue has already taken form,” he mentioned.
He mentioned the Swiss consulate basic in Bengaluru was running carefully with startups on innovation and medical cooperation. In Mumbai, the point of interest was on business and small and medium scale enterprises. In New Delhi, the embassy was running carefully on business and fiscal agreements, he added.
Baum was in Coimbatore to inaugurate a slew of tasks underneath CAPAcities that focusses on capability construction for low carbon and climate resilient city construction in India funded via the Swiss agency for construction and cooperation.
Switzerland can no longer be associated with black money, Swiss envoy says
![Switzerland can no longer be associated with black money, Swiss envoy says]()
Reviewed by Kailash
on
March 15, 2018
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