Skip to content

Main Navigation

  • Home
  • Articles
  • Legal News
  • International
    • News
    • Events
    • Journals
  • Law Reviews
  • Tutorials
  • Case Brief
  • FAQs
  • Legal Advise
  • Law Events
    • Call for Papers
    • Moot Courts
    • Seminar
    • Legal Conference
    • Law Fest
  • Law Colleges
  • Law Books
    • Buy Books
  • Join News Box
lawyerslaw-logo
Skip to content

Main Navigation

  • About Us
  • Contributors
  • Contact Us
  • Join Us
    • Research Interns
    • Student Reporters
  • News Box
News Ticker
  • The 2024 UN Conference on Space Law and Policy: Navigating the Future of Space Governance
  • Reforming Waqf: A Comprehensive Look at the Waqf Amendment Bill 2024 and Its Impact on Property Management in India
  • Comprehensive Analysis of The Press and Registration of Periodicals Act, 2023
  • A Comprehensive Review of the Bharatiya Nyaya Sanhita, 2023
  • The Bhartiya Sakshya Adhiniyam 2023 : In-Depth Review
2024 UN Conference on Space Law and Policy Overview
Legal News International International News Space Laws

The 2024 UN Conference on Space Law and Policy: Navigating the Future of Space Governance

Waqf Amendment Bill 2024
Property Laws Articles Legal News Religious Law

Reforming Waqf: A Comprehensive Look at the Waqf Amendment Bill 2024 and Its Impact on Property Management in India

Comprehensive Analysis of The Press and Registration of Periodicals Act, 2023
Bare Acts Reviews Information Technology Law Legal News

Comprehensive Analysis of The Press and Registration of Periodicals Act, 2023

Bharatiya Nyaya Sanhita 2023
Legal News Bare Acts Reviews Criminal Laws

A Comprehensive Review of the Bharatiya Nyaya Sanhita, 2023

Legal News Bare Acts Reviews Criminal Laws

The Bhartiya Sakshya Adhiniyam 2023 : In-Depth Review

  • Home
  • Legal News Black Money: Indian government pressurise Swiss to provide info on Indian accounts held in Swiss bank

Black Money: Indian government pressurise Swiss to provide info on Indian accounts held in Swiss bank

223 views May 16, 2015 Administrator

Switzerland government was being pressurised by India to share all the information about the those Indians who had bank account in Swiss banks and thus expressed acceptance to sign the act on automatic sharing of information with Swiss. Arun Jaitley, finance minister conveyed this to Johann N Schneider-Ammann, Swiss Economic Affairs minister when he met him. Swiss government said that they will cooperate on this over some period of time if India gave more evidences regarding the stolen HSBC accounts was said by Mr Jaitley. Mr Ammann had previously told that Swiss would abide by the Organisation for Economic Cooperation and Development (OECD) regulations regarding black money matters and follow international standards on this, where he said it would take time, as they would follow the procedures laid down internationally. Ammann, who is in India on a 3 day trip had met Nirmala Sitharaman and Rajiv Pratap Rudy to discuss the bilateral trade between two nations.  Sitaraman also discussed about the free trade agreement for which Swiss is a member in European Free Trade Association. He further said that there was negotiations going on between the nations on many issues like Intellectual Property Rights and data protection etc.

Many account holders have admitted to Indian government about them holding the accounts in Swiss and took that as evidence to go ahead with the process. Jaitley told reports that in the meeting held with Swiss they had requested the Swiss government to fasten the process of providing the details that India has requested. He further told that India and Switzerland were moving forward to sign an agreement to share the information based upon the evidence on HSBC stolen bank account details. He said that Switzerland has agreed to join hands with India to fight against the unaccounted money or black money and will be part of the nations who cooperate on automatic exchange of information. Swiss minister said that meeting with Indian ministers was very constructive and that Swiss was moving ahead to process the support to solve the issues brought before it by Indian government. When asked about the black money law that was being passed in Indi would it bring any change to Swiss banks Jaitley said that first we should understand the law and then talk about the procedures.

by Sushma Javare.

Post navigation

 Dzhokhar Tsarnaev, 21 year old Boston marathon bomber sentenced to death by US jury for 2013 attackSupreme Court awarded death sentence to woman and her lover for the murder of whole family 

Subscribe Newsletter

Subscribe Our Newsletter to get latest law updates in your mail box.

All about Indian Laws; Legal News India, Law reviews, Legal Articles, Legal FAQ's, Law Events, Case Comments/Case Briefs, Law Book Reviews, and More.

Search with in this website

Categories

  • Agriculture Laws
  • Air Traffic Laws
  • Anti-Corruption Laws
  • Arbitration Laws
  • Articles
  • Banking Laws
  • Bare Acts Reviews
  • Bill Reviews
  • Buy Law Books
  • Call for Papers
  • Case Brief
  • Children Related Laws
  • Civil Laws
  • Constitutional Law
  • Consumer Laws
  • Contract Laws
  • Corporate Law
  • Court Laws
  • Criminal Laws
  • Debate Competition
  • Education Laws
  • Election Laws
  • Environment Law
  • Excise Laws
  • Family Law
  • Financial law
  • Foreign Exchange Laws
  • Foreign Laws
  • Health Laws
  • Human Rights Laws
  • Immigration Laws
  • Indirect Tax Laws
  • Industrial Laws
  • Information Technology Law
  • Insurance Laws
  • Intellectual Property Laws
  • International
  • International Events
  • International Journals
  • International News
  • Journals
  • Labour Laws
  • Land Laws
  • Law Books
  • Law Colleges
  • Law Events
  • Law Fest
  • Law Reviews
  • Legal and Professional Law
  • Legal Conference
  • Legal FAQs
  • Legal News
  • Legal Software
  • Legal Workshop
  • Maritime Laws
  • Marriage / Divorce Laws
  • Media Laws
  • Medical Laws
  • Military Laws
  • Miscellaneous Laws
  • Moot Courts
  • Motor Vehicle Laws
  • NRI Laws
  • Property Laws
  • Railway Laws
  • Religious Law
  • RTI Laws
  • Seminar
  • Service and Labour Laws
  • Social Justice and Empowerment Laws
  • Space Laws
  • Sports
  • States Reorganization Laws
  • Surrogacy Laws
  • Taxation Laws
  • Technology Laws
  • Telecommunication Laws
  • United Nations
  • Women Related Laws
  • Writing Competition

Recent Legal Updates

  • The 2024 UN Conference on Space Law and Policy: Navigating the Future of Space Governance
  • Reforming Waqf: A Comprehensive Look at the Waqf Amendment Bill 2024 and Its Impact on Property Management in India
  • Comprehensive Analysis of The Press and Registration of Periodicals Act, 2023
  • A Comprehensive Review of the Bharatiya Nyaya Sanhita, 2023
  • The Bhartiya Sakshya Adhiniyam 2023 : In-Depth Review

About Us, Contributors, Contact Us, Join Us

  • About Us
  • Contributors
  • Contact Us
  • Join Us
    • Research Interns
    • Student Reporters
  • News Box

Navigate

  • Home
  • Articles
  • Legal News
  • International
    • News
    • Events
    • Journals
  • Law Reviews
  • Tutorials
  • Case Brief
  • FAQs
  • Legal Advise
  • Law Events
    • Call for Papers
    • Moot Courts
    • Seminar
    • Legal Conference
    • Law Fest
  • Law Colleges
  • Law Books
    • Buy Books
  • Join News Box

Connect Us

like us in facebook follow us in twitter

Disclaimers, Privacy Policies, Terms of Service, Advertise

  • Disclaimers
  • Privacy Policies
  • Terms of Service
  • Advertise with us

Website Optimization Partner

Spotupp Digital Promotions Pvt Ltd.

Editorial Team

  • Adv. Mikky Sudhakaran, BCom, LLB, LLM.

  • LawyersLaw.org

XML Sitemap

Sitemap
Copyright © 2024-25 Lawyerslaw.org
  • About Us
  • Contributors
  • Contact Us
  • Join Us
  • News Box