India-Switzerland Current Affairs - 2019

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India-Switzerland ink agreement automatic sharing of tax-related information

India has signed agreement with Switzerland for automatic sharing of tax-related information from January 1, 2018 with an aim to combat black money. Prior to it, India had to ask Switzerland for specific bits of information against the Indian account holder in Swiss banks. But due to its earlier secretive laws it could delay or Read More…

Month:  Categories: Governance & Politics

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Cabinet approves MoU between India and Switzerland on Technical Cooperation in Rail Sector

The Union Cabinet has approved Memorandum of Understanding (MoU) signed between Ministry of Railways, and Federal Department of Environment, Transport, Energy and Communications of Swiss Confederation on Technical Cooperation in Rail Sector.  The MoU was signed in August, 2017. The MoU will enable technical cooperation in areas such as traction rolling stock, Traction Propulsion Equipments, Read More…

Month:  Categories: Science & Technology

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India, Switzerland ink two MoUs in the field of Railways

India and Switzerland have signed two Memorandum of Understandings (MoUs) for exchanging technical cooperation in the field of Railways. They were signed after delegation level talks between Prime Minister Narendra Modi and visiting President of Swiss Confederation Doris Leuthard in New Delhi. They also issued Joint press statement. Signed Pacts MoU between Konkan Railway Corporation Read More…

Month:  Categories: Governance & Politics

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Black Money: Automatic Information Sharing with Switzerland from 2019

Switzerland has ratified automatic exchange of financial account information with India and 40 other countries. This will facilitate Switzerland to share information about suspected black money with India and other 40 nations. According to the Swiss Federal Council, the implementation of the exchange sharing agreement has been planned for 2018 and hence the first set Read More…

Month:  Categories: Business, Economy & Banking

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India, Switzerland sign Joint Declaration for implementing AEOI

India and Switzerland have signed a Joint Declaration for implementation of Automatic Exchange of Information (AEOI) in respect of accounts of Indians held abroad. Under the pact, both countries will start collecting data in accordance with the global standards in 2018 and exchange it from 2019 onwards. Thus, it will help India to get access Read More…

Month:  Categories: Governance & Politics

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Union Cabinet approves Bilateral Technical Arrangement between India and Switzerland

The Union Cabinet has given its approval for signing of the Bilateral Technical Arrangement (BTA) between India and Switzerland on the identification and return of Indian and Swiss Nationals and its implementation. The conclusion of the BTA has been linked to the Visa Free Agreement for holders of Diplomatic passports as a package deal. Key Read More…

Month:  Categories: Science & Technology

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Union Cabinet approves MoU between India and Switzerland for cooperation in skill development

The Union Cabinet has given its ex-post-facto approval for a Memorandum of Understanding (MoU) signed between India and Switzerland for cooperation in skill development. Decision in this regard was taken in the Union Cabinet Meeting chaired by Prime Minister Narendra Modi in New Delhi. The MoU was signed in June 2016 during the visit of Read More…

Month:  Categories: Governance & Politics

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