This is the first time that India has received details from Switzerland under the AEOI framework, which provides for exchange of information on financial accounts that currently active as well as those accounts that were closed during 2018.
The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India.
The case involved information leaked by whistleblower Herve Falciani, a French citizen who worked for HSBC’s Swiss private bank and in 2008 disclosed details on thousands of clients he suspected were using accounts to evade tax.
Yashovardhan Birla, who is commonly known as Yash Birla, is Chairman of the group whose group firms are into steel products, electrical appliances, health, lifestyle and education, among others.
NIA team reaches Malda to investigate gherao of judicial officers engaged in SIR
Cities33 min ago
NIA officials, led by DIG, arrived in Malda to investigate the harassment of seven judicial officers. They were accompanied by 60 Army jawans and NIA IG Sonia Singh also landed in Kolkata. The incident occurred when judicial officers were held hostage by protesting residents. The SC transferred the probe to NIA and the team visited the BDO office and Mothabari police station for evidence.
![👁 How can someone be the deputy leader [of the AAP] in the Upper House if they’re not willing to take on the BJP?](https://images.indianexpress.com/2026/01/Atishi.jpg?resize=150,83){kind=link}
