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Friday, April 28, 2017

FATCA Self Declaration

Submission of FATCA Self Declaration for your PRAN:
  • Your PRAN opened under National Pension System (NPS) on or after July 1, 2014 is maintained with NSDL e-Governance Infrastructure Limited as Central Recordkeeping Agency for NPS.
  • NPS Trust has been designated as a Reporting Financial Institution under section 285BA of the Income tax Act, 1961 (‘the Act’) and is required to identify accountholders after carrying out the due diligence process as per Rules 114F to 114H of the Income-tax Rules, 1962 (‘the Rules’).
  • NPS Trust has now initiated due diligence process and in the light of the above, you are requested to submit a self-certification (i.e. FATCA/CRS Declaration) to NPS Trust regarding your status under above mentioned income tax rule.
  • The format of the self-certification is provided in below link.
           FATCA Self Declaration Format
  • You are requested to download the self-certification form and submit the duly filled up physical self-certification (along with documentary evidence) to CRA with signature.
  • In the event of non-receipt of self-certification form by 30th April 2017, the account(s) will be blocked and the transactions by the Subscriber in such blocked accounts would be effected once the duly filled self-certification is obtained.
  • The form is required to be submitted to Central Recordkeeping Agency (CRA) for NPS at the following address:
          NSDL e-Governance Infrastructure Limited,
          1st Floor, Times Tower, Kamala Mills Compound, Senapati Bapat Marg,
          Lower Parel, Mumbai – 400 013
  • In case you require any clarification or assistance with respect to the above, please contact Ms. Ranjana Chavan / Ms. Mamta Jadhav at 022-40904242.

  • Please mention "Self-Certification - FATCA/CRS Declaration Form" on top of the envelope

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