(Image source from: Black money investigation in the right path})

Swiss Federal Tax Administration (FTA) has initiated action in the case of black money deposited in the country. The names have been made public by Switzerland in its official gazette for being probed in their respective countries. Two Indian women have figured among the scores of foreign nationals who have accounts with Swiss banks, whose names have been made public by Switzerland. Swiss Federal Tax Administration (FTA) has asked the two Indians whose names have been made public, to file an appeal within 30 days before the Federal Administrative Court, if they do not want their details to be shared with the Indian authorities under their 'mutual assistance' treaty on tax matters.

No further details, other than their dates of birth were made public for the two "Indian nationals" named Sneh Lata Sawhney and Sangita Sawhney. 40 such 'final notices' have been published in the Swiss Federal Gazette so far this month, while more such names are expected to be published in the coming days.

The Indian government has been back of the Swiss authorities for a long time to get the information on the suspected tax evaders, Switzerland has shared some of the details related to the cases where India has been able to provide independent evidence of suspected tax evasion by Indian clients of Swiss banks.

By Premji