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Wednesday, November 12, 2025
TopicAutomatic Exchange of Information

Topic: Automatic Exchange of Information

Centre receives first tranche of Swiss bank account details of Indian nationals

The information, provided under the new automatic information exchange pact, includes details of currently active accounts as well as those closed in 2018.

Indian tax authorities to get first set of Swiss bank details in September 2019

The shared details will include account numbers, credit balance and all kinds of financial income for each Indian client of every Swiss financial institution.

On Camera

Sitharaman’s eighth Budget faces fiscal headwinds — and a calendar dilemma

Barring her first two Budgets, Nirmala Sitharaman has always ended the year with either a lower fiscal deficit figure than what she had projected or by adhering to the target.

India’s factory data may get reality check in MoSPI’s new IIP plan, defunct factories to be dropped

MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.