Swiss Bank Money
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Government clarifies to media reports on rise in Swiss bank deposits | Check full breakdown of data
Business | Jun 20, 2025, 11:46 PM ISTSwiss bank deposits: CBDT regularly undertakes a systematic review of data received and identifies taxpayers whose cases require further verification. Such verification is carried out through different modes, including search and survey actions, open enquiries, etc.
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Indian funds in Swiss banks down 70 per cent to lowest in 4 years: Switzerland Central Bank
Business | Jun 21, 2024, 02:42 PM ISTAccording to the data released by Switzerland's central bank, Indian funds in Swiss banks were down 70 per cent to the lowest in four years at 1.04 billion.
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Indians' funds in Swiss banks: Govt seeks details from Swiss authorities
Business | Jun 19, 2021, 11:14 AM ISTIn its statement, the ministry said the figures "do not indicate the quantum of much debated alleged black money held by Indians in Switzerland. Further, these statistics do not include the money that Indians, NRIs or others might have in Swiss banks in the names of third-country entities."
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Money in Swiss banks: India slips to 77th position, THIS nation retains top spot
Business | Jun 26, 2020, 03:15 PM ISTIndia has moved down three places to 77th rank in terms of money parked by its citizens and enterprises with Swiss banks at the end of 2019, while the UK has retained its top position, as per the latest data from Switzerland’s central bank.
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War on black money: India gets first tranche of Swiss bank details
India | Oct 07, 2019, 04:47 PM ISTIndia has received first tranche of details about financial accounts of its residents in Swiss banks. This comes as a major boost to the Modi government in its war against black money. Switzerland handed over the first tranche to India under a new automatic exchange of infomation framework between the two countries, marking a significant milestone in the fight against black money stashed abroad.
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Money in Swiss banks: With 50% hike in deposits, India moves to 73rd place
Business | Jul 01, 2018, 12:12 PM ISTIt has been often alleged that Indians and other nationals seeking to stash their illicit wealth abroad use multiple layers of various jurisdictions, including tax havens, to shift the money in Swiss banks.
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Indian money in Swiss banks rise to over Rs 14,000 crore
India | Jun 19, 2014, 03:57 PM ISTZurich/New Delhi: Indians' money in Swiss banks has risen to over two billion Swiss francs (nearly Rs 14,000 crore), despite a global clampdown against the famed secrecy wall of Switzerland banking system.The funds held by