<\/p>\n

\n
• Income
  \nTax Department is already in touch with the whistle blower who apparently
  \nbrought out the names of persons holding undisclosed bank accounts in HSBC,
  \nSwitzerland. He has been requested to share information available with him in
  \nregard to
  \nundisclosed bank accounts of Indians in HSBC, Switzerland and other
  \ndestinations. His response is awaited.<\/li>\n<\/ul>\n

    <\/p>\n

  \n
  • During
    \nlast 6 months, the Government has taken vigorous and pro-active measures to
    \nexpedite investigations in the cases of Indians holding undisclosed foreign
    \naccounts\/assets abroad. Useful contacts have been established with foreign
    \ngovernments who might have some further information in this regard. Based upon
    \ncredible information of undisclosed foreign bank accounts, fresh references for
    \nobtaining further information in more than 600 cases have been made to foreign
    \njurisdictions, under available treaties\/agreements. The same are being pursued.<\/li>\n<\/ul>\n

    ^{<\/sup><\/p>\n}

    ^{<\/sup><\/p>\n}

    ^{<\/sup><\/p>\n}

    ^{<\/sup><\/p>\n}

    ^{<\/sup><\/p>\n<\/div>\n}

    ^{<\/sup><\/p>\n}

     <\/p>\n

     <\/p>\n

    Commissioner of
    \nIncome Tax<\/p>\n

     (Media &
    \nTechnical Co-ordination)<\/p>\n<\/p>\n

    Official
    \nSpokesperson<\/p>\n

     Central
    \nBoard of Direct Taxes<\/p>\n

     <\/p>\n","protected":false},"excerpt":{"rendered":"

    Government of India  Ministry of Finance North Block, New Delhi    PRESS RELEASE Information about HSBC foreign bank accounts was received from the French authorities in respect of 628 Indian persons\/entities. Out of the said 628 persons, 200 were either non-residents or non- traceable, leaving 428 cases of residents which were found actionable. For these … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[53],"class_list":["post-74","post","type-post","status-publish","format-standard","hentry","category-income-tax","tag-53"],"yoast_head":"\n