Govt gets 4th set of Swiss bank account details of Indians, firms

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India has received the fourth set of Swiss bank account details of its nationals and organisations as part of an annual automatic information exchange under which Switzerland has shared particulars of nearly 34 lakh financial accounts with 101 countries.

Officials said the new details shared with India pertain to "hundreds of financial accounts", including many cases of multiple accounts associated with some individuals, corporates and trusts.

They did not divulge specifics, citing the confidentiality clause of the information exchange and the adverse impact it may have on further investigations.

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