Give FATCA info by 31 Aug or face account freeze

Mutual fund (MF) investments worth Rs 1.1 lakh crore are at the risk of being frozen over non-compliance with tax information sharing law FATCA (Foreign Account Tax Compliance Act).

India has signed an inter-governmental agreement with the US for implementing FATCA, which is part of an anti-tax evasion regime designed to locate income and assets



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