India to get 3rd set of Swiss bank details this month; info on real estate assets included for 1st time
NEW DELHI/BERNE: India will get this month the third set of Swiss bank account details of its nationals under an automatic exchange of information pact with Switzerland and this will include for the first time the data about real estate properties owned by Indians there, offi als said on Sunday.
Marking a key milestone in the Indian go nment's fight ag inst black money allegedly stashed abroad, India will get the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.
The move assumes significance on the part of Switzerland as well as the European Ale nation is trying hard to reposition itself as a key global financial centre while warding off the long-persisting perception about the Swiss banking sy em being an alleged safe haven for black money.
While it would be the third time that India will get details about bank accounts and other financial assets held by Indians in Switzerland, it will be the first time that the information being shared with India would include details about the real estate assets.
While the Swiss go nment has agreed to share details of real estate assets, the information about contributions to non-profit organisations and other such foundations, as also details on investments in digital currencies still remain out of bounds from the automatic exchange of information framework, offi als said.
Gov should publish the name and Amount for which information received till now.
Have we heard in last 7.5 years from any Speech or Monkey Baat about Swiss Bank Accounts Issue OR Black Money Issue, which Feku tossed during 2014 ion? Why Feku is silent & DO NOT GIVE SWISS BANK INFO UNDER RTI? Coward & Courageless Fake Fellow. BRAZEN & BETRAYAL NATURE CREATURE
Nonsense. Have you ever seen ANY GOVERNMENT do anything? Feku is a bigger fraud than Congress
This information will only be used to blackmail the black money hoarder and get some portion of the stash. Not used to actually catch the blackmoney hoarder.
what action so far taken with 1st and 2nd list feku? expn that first.
Whats the use?
What happen with 1st & 2nd set of information ?
First published two set of swiss bank details which already got. where is Black money which goverment told at the time of demonisation.
Who said that within a fortnight of coming to power, all Pan Leak details would be made public? Hint. one man is no more with us and the other man has since grown a long beard.
A JUDGE was appointed in 2014 (SIT ka GATHAN kiya) to bring back 15Lx125 crore Rs of BLACK money stashed abroad. And after more than 7 years, all you get is "INFORMATION". BRAVO, JUDGE!
Some of them are no more in India.
All information received is classified as it has national security implications and u cant expect action to be taken .Even if half of Switzerland is owned by Indians
it should be made public
First it is not clear real information is coming. If coming it is of no use if not published and acted upon.
PRAKASH D S
With this information may be the Go nment is blackmailing these depositors to extort money for fund and ion campaign. Otherwise why this list is not published in public forum or not lodged in jail.
what for fuxg this news. If so feku why didn't you release the names of 1st and 2nd so far.
Have we heard Feku have referred SWISS BANK DEPOSIT OR BLACK MONEY MATTER IN ANY ELECTION RALLY OR SPEECH. Why Feku have not yet published WHITE PAPER on Black Money OR Gov is BLANK ON ISSUE
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on 31 August, ahead of US Presi nt Joe Biden and German Chancellor Angela Merkel,
Bol Bachchan Feku is Coward & Courageless to take any action on 2 lot of Info received from Swiss Bank & though Swiss Bank will give another set of Indo, Feku will keep it concealed under his wide base. Feku the Mahamounendra is over silent over last 5 years though Swiss Bank has given info. BUT proved failure to confiscate the Money deposited by Gandhi Family or any other Congressmen.
What's the benefit of it neither BJP has courage to release it nor it make any difference to people those who put there money in Swiss bank.