AEOI
IT Dept detects Rs 10,767 cr undisclosed income during fiscal 2017-18
Official said action is being taken in more than 6000 cases by the assessing officer.
Indians have 'rather few' deposits in Swiss accounts, says bank association
According to the Swiss National Bank data, the funds held by Indians with Swiss banks fell to CHF 1,217.6 million in 2015.
Swiss banks demand secrecy for automatic info exchange with India
The Swiss Federal Council has ratified the AEOI with India to facilitate sharing of details about suspected black money.
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