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TMI BlogClarification for implementation of FATCA and CRSX X X X Extracts X X X X X X X X Extracts X X X X ..... Clarification for implementation of FATCA and CRS - News and Press Release Dated:- 19-2-2016 - News - Government of India Ministry of Finance Department of Revenue Central Board of D ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... irect Taxes PRESS RELEASE New Delhi, 19 February, 2016 Subject: Clarification for implementation of FATCA and CRS regarding An Inter-Governmental Agreement between India and USA wa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s signed for implementation of Foreign Account Tax Compliance Act (FATCA). The Government of India has also joined the Multilateral Competent Authority Agreement (MCAA) for Automatic Exchange of Infor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mation as per Common Reporting Standard (CRS). To provide guidance for implementation of FATCA and CRS, A Guidance Note was released on 31st August 2015 which was subsequently updated on 31.12.2015. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Based on comments and feedback received from the financial institutions, a clarification has been iss ued on February, 2016.The same has been placed on the Income-tax website http://www.incomet ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... axindia.gov.in . (Shefali Shah) Pr. Commissioner of Income Tax (Media and Technical Policy) Official Spokesperson, CBDT - News - Press release - PIB Tax Management India - tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... managementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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