<h1>India and Switzerland Strengthen Cooperation to Combat Tax Evasion and Enhance Financial Transparency.</h1> India and Switzerland held a Secretary-level bilateral meeting focusing on enhanced cooperation against tax evasion. The meeting followed an agreement between India's Prime Minister and Switzerland's President to expedite information exchange in tax matters. The Revenue Secretary of India and Switzerland's State Secretary for International Finance expressed satisfaction with progress in administrative assistance, notably Switzerland's support in HSBC cases. They welcomed the first automatic exchange of financial account information in September 2019, promoting financial transparency. Discussions also addressed challenges from digitalization, emphasizing coordinated international efforts for tax certainty. The meeting concluded with a Joint Statement to continue dialogue and cooperation.