mutual funds: Is your mutual fund account FATCA compliant? If not, it …

If you still haven’t submitted the FATCA declaration in your mutual fund investments then you must hurry. As per a Finance ministry release issued on April 11, 2017, all accounts/Folios with mutual funds, opened between July 1, 2014 and August 31, 2015 , must be FATCA compliant by April 30th, 2017.

In case of non-compliance

FULL ARTICLE http://economictimes.indiatimes.com/wealth/personal-finance-news/Is-your-mutual-fund-account-FATCA-compliant-If-not-it-may-be-blocked-after-April-30/articleshow/58412226.cms

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