India to get 3rd set of Swiss bank details in Sep; realty info included

Elvera Bartels

India will get this thirty day period the 3rd established of Swiss bank account facts of its nationals underneath an automatic trade of data pact with Switzerland and this will include for the very first time the details about serious estate properties owned by Indians there, officers reported on Sunday.

Marking a key milestone in the Indian government’s battle towards black income allegedly stashed overseas, India will get this thirty day period the entire data on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from these kinds of properties to aid it search into tax liabilities related with those belongings.

The go assumes significance on the portion of Switzerland as very well as the European Alpine nation is seeking hard to reposition by itself as a key world monetary centre even though warding off the prolonged-persisting perception about the Swiss banking process getting an

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