Thursday, September 2, 2010

India can now follow the black money

Indians love many things about Switzerland: chocolates, watches, Bollywood movie locales and secret bank accounts.Until now.

India and Switzerland on Monday signed a pact amending the existing double taxation avoidance agreement, that will make it easier for New Delhi to gain access to information on suspect bank accounts, possibly paving the way to recovering billions of dollars in undeclared wealth.

more at : reuters 

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