As per the instruction from PFRDA/NPS Trust, PRAN would not be blocked on account of non-submission of FATCA Self-Certification.

The clarification, sent to the registered email addresses of NPS investors on Thursday, comes as a relief to some 40 lakh NPS investors.

Mutual fund investors, bank account holders and those who have invested in insurance schemes may face a freeze if they don't comply.

On accounts opened between 1st July 2014 to 31st August 2015 self-certification of FATCA is required by April 30, 2017.

In case of non-compliance by May 1, accounts will be blocked i.e. no transactions will be allowed in such non-compliant accounts this date.

If you are a mutual fund investor, you must be getting messages from your distributor or fund house, requesting you to be FATCA compliant b...

The government has asked financial institutions to not close accounts which are not FATCA compliant for now.

FATCA came into effect from September 30 which has enabled automatic exchange of financial information between India and the US.

Finance Ministry today said it has received information from the US under the financial information exchange pact FATCA in the last two mon...

Central Board of Direct Taxes issued guidance notes on implementation of reporting requirements for the US law FATCA.

The Foreign Account Tax Compliance Act or FATCA was signed on Thursday by Revenue Secretary Shaktikanta Das and US Ambassador Richard Verma.

India is likely to sign the inter- governmental pact for the US tax compliance law FATCA on Thursday, a move that will help it fight tax ev...

The Reserve Bank has exempted Regional Rural Banks with assets less than USD 175 million to register with the US Internal Revenue System un...

India and some other countries have got one more month from the US to sign the Foreign Account Tax Compliance Act (FATCA), an agreement whi...

Under FATCA, US government will sign Inter-governmental Agreement (IGA) for sharing of information with various countries, including India.

The 'in substance' agreement with India under Foreign Account Tax Compliance Act (FATCA) was concluded on April 11, the US Treasury said.

Two firms, which are currently implementing solution in the N American markets, are now bringing their FATCA solution to Australia and New ...