07th Sep 2009

Swiss Bank Accounts : Indian Authorities Used Non Legal Procedures

source: MSN News

“Fishing expedition is not allowed (anywhere in) the world. We have the OECD standards. We follow international rules…. We do not protect crime,” Leuthard, who is also Minister for Economic Affairs, said.

Leuthard said India would have to apply through legal procedures, based on the existing double taxation avoidance treaty, if it had demands about specific cases of tax evasion.”

So what is the catch ? who is lying ? India or Swiss.

Leave a Reply

You must be logged in to post a comment.