Fatca Pact
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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.
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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.
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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.
