New Delhi, July 18: Tax proceedings have begun against Swiss bank account holders, finance minister Arun Jaitley told the Lok Sabha Friday.

Responding to a question from BJP member Anurag Thakur throughout a discussion on the union budget, Jaitley said: “Tax proceedings have begun…”.

He aforesaid that “SIT (Special investigation Team) goes into it” and details are being given to it.

Jaitley aforesaid there was a media report of a separate list, however after we wrote to Swiss authorities, they aforesaid there was “no separate list”.

He aforesaid the “present government has nothing to hide” and the issue of black cash has been preoccupied “with some component of intensity”.

The minister added  that the govt. is “in method of human activity with Swiss authorities”.