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India gets details of Swiss bank accounts under automatic info exchange framework

India has recieved the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland.

India is among the 86 countries with which Switzerland’s Federal Tax Administration (FTA) has exchanged information on financial accounts.

The information exchange this year involved nearly 3.1 million (31 lakh) financial accounts, FTA said in a statement on Friday.

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