4(Automatic Exchange of Financial Account Information) Flashcards
1
Q
What is this
A
According to it India and Switzerland will share banking details to each other.
2
Q
Will it receive all detais
A
Nopeee….Only of year 2018 and those accounts closed in 2018.
3
Q
significance
A
From now if any one keeps money in swiss it will be notified to CBDT
