Switzerland MFN withdrawal: Pay 10% tax instead of 5% on dividend income from January 1, 2025; know how it will impact taxpayersHigher tax on dividend: From January 1, 2025 Indians need to pay witholding tax at 10% rate instead of 5% rate in Switzerland. Experts say ...
28 Dec, 2024, 10.17 AM IST
MFN status suspension by Switzerland not to impact EFTA trade pact with India: Commerce SecySwitzerland's suspension of the Most Favoured Nation (MFN) clause in its Double Taxation Avoidance Agreement with India will not affect com...
16 Dec, 2024, 08.28 PM IST
Switzerland scraps most favoured nation clause in tax treaty with IndiaSwitzerland will suspend the Most Favoured Nation (MFN) clause in its Double Tax Avoidance Agreement (DTAA) with India, effective January 1...
14 Dec, 2024, 03.51 PM IST
Swiss vote on whether to hike taxes to fight climate changeCritics say the measure would be ineffective since Switzerland's carbon-dioxide emissions amount to a mere 0.1 percent of the global tally ...
13 Jun, 2021, 03.09 PM IST
Swiss construction firm Implenia to shrink workforce by 2,000 by 2023It said it expected to report a loss of around 70 million Swiss francs ($77.18 million) before interest, tax, depreciation and amortisation...
27 Oct, 2020, 12.34 PM IST
All money deposits in Swiss Banks not black money: Arun JaitleyFinance Minister Arun Jaitley also announced that the first quarter of this year has registered a big jump of 44 per cent in the personal i...
30 Jun, 2018, 08.31 AM IST
HSBC discloses tax evasion probes in India, other countriesGiving case-wise details, it further said the Indian tax authorities in February 2015 had issued a summons and request for information to a...
27 Feb, 2017, 01.28 AM IST
HSBC's Swiss, Dubai arms under lens for tax evasion by IndiansHSBC has been under scanner ever since a leaked list of hundreds of Indian clients of its Geneva branch found its way to the Indian tax aut...
22 Feb, 2016, 04.36 PM IST
Black money: Swiss government rejects privacy in financial mattersAt a time when it is under global pressure, including from India, on black money menace, the Swiss government has rejected the popular init...
26 Aug, 2015, 09.31 PM IST
Cooperating with Indian authorities on Swiss account probe: HSBCFacing a probe by Indian authorities into accounts held by Indians in Switzerland, global banking giant HSBC today said it is cooperating w...
03 Aug, 2015, 03.55 PM IST
Blackmoney: Swiss banks seek fresh undertakings from IndiansSources said that Swiss banks are asking their Indian customers to provide fresh undertakings that all taxes have been paid on funds deposi...
29 Mar, 2015, 01.03 PM IST
Black money pursuit: Foreign clients move Rs 25-trillion away from Swiss banks"We estimate that around 350 bn Swiss francs in net assets under management from foreign-domiciled pvt clients have left Switzerland in las...
31 Aug, 2014, 06.48 PM IST
Automatic tax data exchange to hurt fund flows, say Swiss banksAll Swiss banks put together managed assets totalling over Rs 383 lakh crore at the end of 2012, out of which 51 per cent came from abroad.
25 Nov, 2013, 01.05 AM IST
- Swiss-German tax treaty may end European bank secrecy
Switzerland’s tax treaty with Germany may finish banking secrecy in Europe and prompt withdrawals as Swiss banks will no longer guarantee c...
02 Oct, 2010, 04.09 AM IST
- I-T ex-official seeks law on offshore assets
The official on Friday moved SC to make declaration of foreign bank accounts mandatory while filing returns.
30 Aug, 2010, 01.27 AM IST
- Swiss lawmakers give in, likely to back UBS deal with US
Swiss lawmakers, bowing to pressure from bankers representing 7.6% of the nation’s gross domestic product, are poised to back the governmen...
15 Apr, 2010, 03.12 AM IST
- Credit Suisse posts $2.1 bn Q1 loss
Switzerland's second biggest bank Credit Suisse on Thursday reported a net loss of 2.148 billion Swiss francs (1.330 billion euros, $2.11 b...
24 Apr, 2008, 11.21 AM IST