black money: Switzerland refuses to share information on bank account holders, Delhi mulls strong response

NEW DELHI: The Swiss authorities have told the Indian government they will not be able to share information on bank accounts without the consent of the account-holders. In a letter last month, Switzerland's finance minister also told her Indian counterpart that the 2011 Double Taxation Avoidance Agreement, under which India had sought information, applies prospectively, thus ruling out access to information about accounts opened before that date, said a senior official familiar with the letter's