Your NPS account won’t get blocked due to FATCA, clarifies PFRDA

NEW DELHI: The Pension Fund Regulatory and Development Authority has clarified that NPS accounts of investors who have not submitted the Foreign Account Tax Compliance Act (FATCA) self certification will not be blocked. The clarification, sent to the registered email addresses of NPS investors on Thursday, comes as a relief to some 40 lakh NPS investors.

FULL ARTICLE http://economictimes.indiatimes.com/wealth/personal-finance-news/your-nps-account-wont-get-blocked-due-to-fatca-clarifies-pfrda/articleshow/58512650.cms

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