Switzerland ratifies sharing of account information with India from 2019

Govt's fight against black money gets a boost

by Janhavi Behere

In a boost to the government’s fight against black money, Switzerland ratified the automatic exchange of information (AEOI) on financial transactions yesterday. The swiss federal council said the implementation is planned for 2018 and the first set of data should be exchanged in 2019. The swiss council will soon notify the Indian government about the exact date from which the automatic exchange will begin. The AEOI will be activated individually with each of the 38 states and territories. However, the council laid emphasis on the ability of states and territories to effectively meet the requirements concerning confidentiality and data security.

References
1. http://www.business-standard.com/article/economy-policy/black-money-switzerland-ratifies-account-info-sharing-with-india-from-2019-117061600605_1.html
CMIE STATISTICS
Unemployment Rate
Per cent
3.5 +0.1
Consumer Sentiments Index
Base September-December 2015
96.5 -0.2
Consumer Expectations Index
Base September-December 2015
96.2 0.0
Current Economic Conditions Index
Base September-December 2015
96.8 -0.5
Quarterly CapeEx Aggregates
(Rs.trillion) Jun 16 Sep 16 Dec 16 Mar 17
New projects 1.46 2.37 1.42 2.92
Completed projects 0.91 2.21 0.91 1.77
Stalled projects 1.40 0.64 1.01 0.35
Revived projects 0.40 0.51 0.17 0.62
Implementation stalled projects 0.50 0.37 0.80 0.27
Updated on: 28 Jun 2017 8:20PM
Quarterly Financials of Listed Companies
(% change) Jun 16 Sep 16 Dec 16 Mar 17
All listed Companies
 Income -0.9 2.1 6.2 10.2
 Expenses -0.3 1.9 6.4 11.7
 Net profit -4.0 14.6 38.9 17.8
 PAT margin (%) 6.9 6.9 6.1 6.2
 Count of Cos. 4,519 4,489 4,485 4,305
Non-financial Companies
 Income -2.5 0.6 6.0 11.7
 Expenses -2.9 -0.2 7.4 15.4
 Net profit 9.7 26.7 23.4 -1.5
 PAT margin (%) 7.4 6.9 6.3 6.4
 Net fixed assets -9.2 7.7
 Current assets 8.1 2.4
 Current liabilities 11.6 9.4
 Borrowings 3.1 5.5
 Reserves & surplus 8.4 7.7
 Count of Cos. 3,515 3,491 3,491 3,359
Numbers are net of P&E
Updated on: 28 Jun 2017 8:30PM
Annual Financials of All Companies
(% change) FY13 FY14 FY15 FY16
All Companies
 Income 12.5 9.9 5.0 1.0
 Expenses 12.8 9.8 5.0 1.1
 Net profit 1.1 -2.1 2.0 -11.6
 PAT margin (%) 3.6 3.2 3.3 3.2
 Assets 14.3 12.2 9.3 8.1
 Net worth 9.6 9.5 8.6 7.4
 RONW (%) 6.8 6.2 6.2 5.6
 Count of Cos. 24,675 22,117 21,242 17,323
Non-financial Companies
 Income 11.8 9.6 4.1 0.0
 Expenses 12.2 9.2 4.2 -0.8
 Net profit -8.5 -2.4 -5.0 12.5
 PAT margin (%) 2.4 2.2 2.2 2.9
 Net fixed assets 12.9 11.6 13.0 12.4
 Net worth 7.8 8.6 7.3 6.7
 RONW (%) 5.5 5.1 4.9 5.9
 Debt / Equity (times) 1.1 1.1 1.1 1.0
 Interest cover (times) 2.1 1.9 1.9 2.1
 Net working capital cycle (days) 72 69 66 66
 Count of Cos. 19,170 17,554 16,934 14,134
Numbers are net of P&E
Updated on: 08 Jun 2017 2:48PM

New address type added, Promoters' shareholding pledge reports added