A key parliamentary panel in Switzerland has approved an automatic information exchange pact with India, paving way for New Delhi to get instant access to details on Indians with Swiss accounts. <br/><br/>The Commission for Economic Affairs and Taxes of the Council of States, a key panel of the Swiss Parliament's Upper House approved the proposed pact with India as also with 40 other countries, but suggested strengthening the provisions for individual legal claims. <br/><br/>As per the minutes of the panel's meeting held on the 2th of this month, the proposal will now be submitted for approval from the upper chamber of Swiss Parliament, the Council of States, in the winter session beginning on the 27th of this month.
News On AIR | November 19, 2017 2:04 PM
Black money: Swiss parliamentary panel approves automatic information exchange pact with India