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Finance Ministry refuses to share Swiss account holders' details

Finance Ministry refuses to share Swiss account holders' details

Monday, December 23, 2019, 5:35 PM

The Finance Ministry has declined to share the details of Swiss bank accounts held by Indians in response to an RTI query asking for the same. It cited "confidentiality provisions" of a tax treaty signed between Switzerland and India as the reason for its refusal. The ministry also refused to disclose the information received from other countries on black money.
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