-
Nov 14, 2019
-
Tackling offshore tax evasion: India, Switzerland reiterate commitment to transparency
India and Switzerland have expressed satisfaction on the progress made over the past few years in the area of administrative assistance in tax matters, particularly the efforts made by this Alpine country in providing assistance in HSBC cases. This emerged at the meeting between Revenue Secretary, Ajay Bhushan Pandey, and the visiting Switzerland State Secretary for International Finance, Daniela Stoffel, in the Capital on Wednesday. Welcoming the first transmission of financial account information on automatic basis between the two countries in September 2019, the Secretaries reiterated their countries’ commitment to global tax transparency for tackling offshore tax evasion.
|