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Govt notifies changes in I-T rules to comply with FATCA pact

Last Updated: Sunday, August 9, 2015, 11:49

The Revenue Department has amended income tax rules to provide for reporting of information with regards to financial assets and accounts, a month after India signed a tax information sharing agreement with the US.

India, US sign FATCA to fight tax evasion

Last Updated: Thursday, July 9, 2015, 17:21

To check offshore tax evasion, India and the US on Thursday signed an agreement to implement FATCA that will facilitate exchange of information between the two countries from October 1.

India, US to sign tax pact Thursday: Sources

Last Updated: Wednesday, July 8, 2015, 19:29

India and the United States will sign a tax information sharing agreement on Thursday, under a new U.S. law meant to combat offshore tax dodging by Americans, two Indian government sources and a source at the U.S. embassy said.