The India-Switzerland DTAA was last amended in 2010. The Swiss authorities feel that their interpretation of the treaty is not shared by the Indian counterparts. "In the absence of reciprocity, it therefore waives its unilateral application with effect from 1 January 2025," a statement by Switzerland's Federal Department of Finance said.
This story is from the December 14, 2024 edition of Financial Express Hyderabad.
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This story is from the December 14, 2024 edition of Financial Express Hyderabad.
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