FATCA/CRS FAQs:-
CRS. 3. Why do we need to ask the FATCA/CRS declaration from the customer? Government of India (GOI) has signed a Model 1 Inter-Governmental Agreement (IGA) with US on July 9, 2015. The IGA provides that the Indian FIs will provide the necessary information to Indian tax authority i.e. Central Board of Direct Taxes (CBDT), which will
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