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News INCOME TAX

  • Oct 28, 2014
  • Govt has full info on 75 cases in HSBC list

    The Indian government had the details of the overseas bank accounts of 75 individuals and entities named in the so-called ‘HSBC Geneva list’ even before Swiss authorities agreed this month to share this information with New Delhi.
    The information had been given by HSBC itself following negotiations between the bank and Indian income tax authorities in January 2013. HSBC made the details available earlier this year, before the NDA government came to power.

    Source - http://www.financialexpress.com