October 26, 2009 7:22 PM

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Indo Swiss talks to check black money

Central Board of Direct Taxes (CBDT) Chairman S S N Murthy says, Indian and Swiss officials will meet in Geneva in December for talks on ways to get information on flow of black money from India into that country. Talking to reporters in Jallandhar he said a review and upgradation of the Double Taxation Avoidance Treaty between the two countries could help India seek information regarding black money.<br/><br/> In August this year, Switzerland agreed to give details of 4,450 numbered accounts to US revenue authorities after they established that tax evaders had parked money in Swiss

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