• search
For Quick Alerts
For Daily Alerts

India, Switzerland ink Double Taxation Avoidance Agreement

By Nairita Das

New Delhi, Aug 30 (ANI): India and Switzerland on Monday signed a protocol amending the existing Double Taxation Avoidance Agreement between the two nations, which would help the government obtain information on money stashed away in Swiss banks.

The revised pact was signed in the presence of Finance Minister Pranab Mukherjee and the visiting Swiss Foreign Minister Micheline Calmy-Rey.

"The revised Double Taxation Agreement contains provisions on the exchange of information in accordance with the OECD standard, which were negotiated in line with the parameters decided by the (Swiss) Federal Council," the NDTV quoted Swiss Federal Department of Finance (FDF) as saying in a statement.

Earlier today, Micheline Calmy-Rey met Union Environment and Forest Minister Jairam Ramesh here.

Calmy-Rey discussed the flash flood tragedy in Leh with Ramesh.

Calmy-Rey has been a member of the Swiss Federal Council since 2002, and was President of the Confederation in 2007. (ANI)

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more