As the fight against black money continues, Switzerland has said cooperation with India on tax matters has made significant progress with regular contacts between officials from the two sides.

India and Switzerland have been working closely on mutual administrative assistance on tax matters and both sides have expressed their willingness to step up the cooperation. Swiss government has said there has been a regular dialogue at various levels since 2014.

These dialogues have contributed to better understanding and significant progress in cooperation on tax matters, the European nation said in the latest report on ‘International financial and tax matters’.