India has approached Switzerland for banking details of at least ten persons and entities suspected to have kept untaxed money in Swiss banks.

Switzerland under its rules provides a final chance to the listed persons and entities before sharing the information about suspected cases of tax crimes with any foreign jurisdiction.

Around 10 such notices concerning individuals and companies with Indian links were issued last week, which could be the highest for a country.

The notices name two listed textile firms -Neo Corporation International and SEL Manufacturing Company Ltd.

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