Foreign Account Tax Compliance Act
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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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Proposed GST In India Is Of Paramount Importance: US
Underscoring the need for tax reforms in India, the US has said the proposed Goods and Services Tax (GST) is of paramount importance.
-
Government to Announce Central KYC Records Registry Entity Soon
The Reserve Bank on Thursday said an announcement by the government naming the entity, which will function as the Central KYC Records Registry (CKYCR), is expected shortly.
-
Black Money Disclosure: Government Revises Amount to Rs 4147 Crore
Government collected Rs 4,147 crore during the 90-day black money disclosure compliance window, which is higher than the previously announced amount of Rs 3,770 crore, Revenue Secretary Hasmukh Adhia said today.
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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).
-
Mutual Funds Rope in KPMG to Comply With New US Tax Law
FATCA, which took effect from July 1, may have significant implications for Indians residing in the US and investing in products offered by the Rs 10 trillion Indian mutual fund industry.
-
Sebi Asks Market Intermediaries to Register with US by December-end
The Securities and Exchange Board of India (Sebi) has asked market intermediaries to register with US authorities by the end of December, as part of implementing the Indo-US agreement that aims to combat possible tax evasion by Americans.
-
RBI Says India to Implement US Foreign Tax Compliance Act
India and the US have agreed to implement Foreign Accounts Tax Compliance Act (FATCA), a US law that targets tax non-compliance by US taxpayers with foreign accounts. The Inter-Governmental Agreement (IGA) on FATCA, which came into effect on April 11, will be signed only after Cabinet approval.
-
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.
-
Proposed GST In India Is Of Paramount Importance: US
Underscoring the need for tax reforms in India, the US has said the proposed Goods and Services Tax (GST) is of paramount importance.
-
Government to Announce Central KYC Records Registry Entity Soon
The Reserve Bank on Thursday said an announcement by the government naming the entity, which will function as the Central KYC Records Registry (CKYCR), is expected shortly.
-
Black Money Disclosure: Government Revises Amount to Rs 4147 Crore
Government collected Rs 4,147 crore during the 90-day black money disclosure compliance window, which is higher than the previously announced amount of Rs 3,770 crore, Revenue Secretary Hasmukh Adhia said today.
-
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).
-
Mutual Funds Rope in KPMG to Comply With New US Tax Law
FATCA, which took effect from July 1, may have significant implications for Indians residing in the US and investing in products offered by the Rs 10 trillion Indian mutual fund industry.
-
Sebi Asks Market Intermediaries to Register with US by December-end
The Securities and Exchange Board of India (Sebi) has asked market intermediaries to register with US authorities by the end of December, as part of implementing the Indo-US agreement that aims to combat possible tax evasion by Americans.
-
RBI Says India to Implement US Foreign Tax Compliance Act
India and the US have agreed to implement Foreign Accounts Tax Compliance Act (FATCA), a US law that targets tax non-compliance by US taxpayers with foreign accounts. The Inter-Governmental Agreement (IGA) on FATCA, which came into effect on April 11, will be signed only after Cabinet approval.
