As part of FATCA compliance, the Central Board of Direct Taxes (CBDT) has asked the banks/financial institutions to link their accounts with Aadhar number and self-certification from customers by April 30th, 2017 to avoid closure of accounts. FATCA stands for-

Related MCQs

• The Reserve Bank of India has released the first Bi-monthly monetary policy of the new financial year (2017-18) on 06th April 2017. The RBI has however hiked its outlook for GDP growth to in this fiscal from 6.7% last year.
• IDBI Bank has reduced interest rates, ranging from 50 to 75 basis points, on retail term deposits (RTD) with effect from April 5, 2017. Where is headquarter of IDBI Bank?
• Which Bank of India maintains the Principal Accounts of Central as well as State Governments at its Central Accounts Section?
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• What is the full form of FATCA?
• A Credit Guarantee Trust Fund has been set up for guaranteeing Collateral Free Facilities by lending institutions to Small Scale Industries. This fund is being managed by which of the following institutions?
• A Credit Guarantee Trust Fund has been set up for guaranteeing Collateral Free Facilities by lending institutions to Small Scale Industries. This fund is being managed by which of the following institutions?
• Till 30th June, 1955, State Bank of India (SBI) was known as
• Which term refers closure of the loan account prior to the tenure fixed for the account?
• KYC Compliance is done to .