Fatca
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IT Department Detects Undisclosed Income Of Rs 125 Cr Under FATCA
An imposition of penalty of Rs 1 lakh has been recommended in 100 cases.
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NPS New Rule: Bank Account, Mobile Number Made Mandatory For Subscribers
The pension regulator PFRDA has introduced the rule to offer ease of operation for the benefit of National Pension System (NPS) subscribers.
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NPS Account: How To Link With Aadhaar Card And Make It FATCA-Compliant Online
FATCA or Foreign Account Tax Compliance Act allows automatic exchange of financial information between India and the US.
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Is Your Mutual Fund Account Blocked Over FATCA Rules? What To Do
The tax department had said that the accounts should be blocked if self-certification from account holders is not provided by April 30.
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Bank Accounts To Be Blocked Soon If Not Self-Certified. What To Do
The Income Tax Department had set a deadline of April 30 for FATCA compliance for bank accounts.
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Without FATCA Compliance, Banks Accounts To Be Blocked: 10 Points
India had entered into an agreement with the United States for implementation of the Foreign Accounts Tax Compliance Act (FATCA) with effect from August 31, 2015.
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Bank Accounts To Be Blocked If Not Self-Certified By April 30. What To Do
Bank accounts opened between July 1, 2014 and August 31, 2015 need to submit self-certification by April 30 to comply with FATCA (Foreign Account Tax Compliance Act) provisions.
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FATCA: Government Shifts Deadline Indefinitely On Self-Certification
Providing relief to financial institutions and their account holders, the government on Wednesday indefinitely extended the deadline for complying with self-certification norms under FATCA provisions.
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Investor Account To Earn Benefits On Freezed Accounts Too: AMFI
Mutual funds industry body Amfi has said the investor accounts would continue to earn the returns and other benefits accruing even when the folios are 'freezed'.
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BSE Asks Mutual Funds to Provide FATCA Details of Each Client
Mutual Fund houses will have to mandatorily provide compliance details for the new global tax avoidance law FATCA with regard to each client on the stock exchange's mutual fund trading platform.
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What the New KYC Norms Mean for Your Mutual Fund Investment
All mutual fund investors, whether new or existing, will have to provide additional Know Your Customer (KYC) details to their fund houses.
-
Government Notifies Changes in Rules for Foreign Account Tax Compliance Pact
The Revenue Department has amended income tax rules to provide for reporting of information with regards to financial assets and accounts, a month after India signed a tax information sharing agreement with the US.
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Black Money: Declare Offshore Assets Before September 30, Warns Government After Signing New Pact With US
Armed with the automatic information exchange pact with the US, the government has asked persons holding undisclosed offshore assets to declare them before September 30 as it would be difficult to hide unaccounted assets in future.
-
India, US May Soon Sign Pact for Sharing of Tax Data: Report
Under FATCA, the US government has inter-governmental agreements for sharing of information with various countries where American individuals and companies have accounts and other assets.
-
Financial Institutions Asked to Register With US Taxmen
All Indian financial institutions with exposure to the US will have to register by Wednesday with the American tax authorities to avoid a hefty penalty tax of up to 30 per cent under the new Foreign Accounts Tax Compliance Act (FATCA).
-
IT Department Detects Undisclosed Income Of Rs 125 Cr Under FATCA
An imposition of penalty of Rs 1 lakh has been recommended in 100 cases.
-
NPS New Rule: Bank Account, Mobile Number Made Mandatory For Subscribers
The pension regulator PFRDA has introduced the rule to offer ease of operation for the benefit of National Pension System (NPS) subscribers.
-
NPS Account: How To Link With Aadhaar Card And Make It FATCA-Compliant Online
FATCA or Foreign Account Tax Compliance Act allows automatic exchange of financial information between India and the US.
-
Is Your Mutual Fund Account Blocked Over FATCA Rules? What To Do
The tax department had said that the accounts should be blocked if self-certification from account holders is not provided by April 30.
-
Bank Accounts To Be Blocked Soon If Not Self-Certified. What To Do
The Income Tax Department had set a deadline of April 30 for FATCA compliance for bank accounts.
-
Without FATCA Compliance, Banks Accounts To Be Blocked: 10 Points
India had entered into an agreement with the United States for implementation of the Foreign Accounts Tax Compliance Act (FATCA) with effect from August 31, 2015.
-
Bank Accounts To Be Blocked If Not Self-Certified By April 30. What To Do
Bank accounts opened between July 1, 2014 and August 31, 2015 need to submit self-certification by April 30 to comply with FATCA (Foreign Account Tax Compliance Act) provisions.
-
FATCA: Government Shifts Deadline Indefinitely On Self-Certification
Providing relief to financial institutions and their account holders, the government on Wednesday indefinitely extended the deadline for complying with self-certification norms under FATCA provisions.
-
Investor Account To Earn Benefits On Freezed Accounts Too: AMFI
Mutual funds industry body Amfi has said the investor accounts would continue to earn the returns and other benefits accruing even when the folios are 'freezed'.
-
BSE Asks Mutual Funds to Provide FATCA Details of Each Client
Mutual Fund houses will have to mandatorily provide compliance details for the new global tax avoidance law FATCA with regard to each client on the stock exchange's mutual fund trading platform.
-
What the New KYC Norms Mean for Your Mutual Fund Investment
All mutual fund investors, whether new or existing, will have to provide additional Know Your Customer (KYC) details to their fund houses.
-
Government Notifies Changes in Rules for Foreign Account Tax Compliance Pact
The Revenue Department has amended income tax rules to provide for reporting of information with regards to financial assets and accounts, a month after India signed a tax information sharing agreement with the US.
-
Black Money: Declare Offshore Assets Before September 30, Warns Government After Signing New Pact With US
Armed with the automatic information exchange pact with the US, the government has asked persons holding undisclosed offshore assets to declare them before September 30 as it would be difficult to hide unaccounted assets in future.
-
India, US May Soon Sign Pact for Sharing of Tax Data: Report
Under FATCA, the US government has inter-governmental agreements for sharing of information with various countries where American individuals and companies have accounts and other assets.
-
Financial Institutions Asked to Register With US Taxmen
All Indian financial institutions with exposure to the US will have to register by Wednesday with the American tax authorities to avoid a hefty penalty tax of up to 30 per cent under the new Foreign Accounts Tax Compliance Act (FATCA).
