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Black Money Crackdown: HSBC Account Data from Switzerland Expected in 10 Days

August 10, 2018

Black Money Crackdown: HSBC Account Data from Switzerland Expected in 10 Days

Officiating finance minister Piyush Goyal said that information about the HSBC accounts of Indians in Switzerland is expected within 10 days now that the Swiss authorities have allowed for the sharing of data. 

Goyal said that the HSBC list was issued between 2010-11 and since then the Indian government kept trying to get the data from Switzerland but to no avail. Now, the Supreme Court of Switzerland has ordered the government to share the data with India which shall be available to us within 7-10 days, he said.

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