Name the country with which the Indian Government has signed an agreement aimed at combating black money stashed abroad.

Switzerland

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

USA

No worries! We‘ve got your back. Try BYJU‘S free classes today!

China

No worries! We‘ve got your back. Try BYJU‘S free classes today!

UAE

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Singapore

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A
Switzerland

In a move aimed at combating black money stashed abroad, India signed an agreement with Switzerland that would allow automatic sharing of tax-related information from January 1, 2017. The agreement was signed by CBDT chairman Sushil Chandra and Swiss Ambassador to India Andreas Baum at the North Block.

Suggest Corrections

Similar questions

2018

Q45) India and United States (US) signed Inter Governmental Agreement (IGA) to implement the Foreign Account Tax Compliance Act (FATCA)

1) The agreement will promote transparency on tax matters between the two countries.

2) FATCA is an Indian Act to curb money laundering

Which of the above statement(s) is/ are correct?

Join BYJU'S Learning Program