<h1>India & Switzerland Sign AEOI Pact for Automatic Financial Info Exchange to Tackle Black Money from Sept 2019.</h1> India and Switzerland have signed a Joint Declaration to implement the Automatic Exchange of Information (AEOI) to combat black money in offshore accounts. This agreement allows India to automatically receive financial information about accounts held by Indian residents in Switzerland starting from September 2019, covering data from 2018 onwards. The declaration was signed by representatives from both countries, with the aim of enhancing transparency and cooperation in tax matters.