10 things you need to know about FATCA

A Sebi circular dated June 30, 2014, said that the Indian government has agreed (in substance) to FATCA but a formal agreement is yet to be signed. Photograph: Romeo Ronaco/Reuters What is FATCA?......

MFs rope in KPMG to comply with new US tax law

Indian mutual funds have roped in global consultant KPMG to help them prepare for the Foreign Account Tax Compliance Act (FATCA) - a new law enacted by the US to help combat tax evasion by......

US may get a leash on Indian financial institutions

The three-year-old US law seeks to improve tax compliance involving foreign financial assets and offshore accounts. Imagine this: Having moved to the US on a work visa, you have become a taxpayer......