Sucheta Dalal :Impact of FATCA on NRIs living in the US
Sucheta Dalal

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Impact of FATCA on NRIs living in the US  

July 8, 2014

The recently enacted FATCA makes it mandatory for Indian tax authorities to share information about earnings of NRIs in US. However both India and US have a treaty signed to avoid double taxation. NRIs living in US can certainly benefit from this treaty

 

Gurpur


The US government has recently enacted Foreign Account Tax Compliance Act (FATCA), which is primarily intended to detect and thus discourage tax evasion by persons living and earning in United States.

 

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-- Sucheta Dalal