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'.
Jul 26, 2016, 20:13 PM IST
Blackmoney: CBDT rejigs committee to handle FATCA cases
Through an order issued days before FATCA was signed by the two countries on July 9, the CBDT has increased the strength of the panel from existing seven to eight members.
Jul 12, 2015, 13:42 PM IST
Info under FATCA confidential, to be used for tax purposes
The information shared under the FATCA, which India signed with the US Thursday, will be treated as confidential and will be used only for tax purposes.
Jul 09, 2015, 22:34 PM IST
India considering signing Inter-Governmental Agreement with US
India is considering signing an agreement with the US to make Indian financial institutions complaint with Foreign Account Tax Compliance Act (FATCA), Minister of State for Finance Jayant Sinha informed Parliament Tuesday.
Mar 17, 2015, 18:05 PM IST
FATCA leads MFs to avoid fresh investments from US investors
Stringent compliance requirements under the Foreign Account Tax Compliance Act of the US have led to several mutual fund houses avoiding fresh investments from American investors.
Jan 11, 2015, 12:32 PM IST
India gets a month more to sign FATCA with US: Das
India and some other countries have got one more month from the US to sign the Foreign Account Tax Compliance Act (FATCA), an agreement which seeks to facilitate flow of financial information.
Dec 26, 2014, 17:04 PM IST
BNP, tax evasion: US still dictates its economic law
According to this expert, the world`s leading economic power still wields "considerable leverage" thanks to the dollar, the world`s reserve currency.
Jul 13, 2014, 09:32 AM IST
