Q. 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- (Solved)
1. Foreign Account Tax Compliance Act
2. Foreign Account Tax Compliance Assistant
3. Foreign Account Tenure Compliance Act
4. Foreign Account Tax Companies Assembly
5. Financial Account Taxable Compliance Act
- a. Foreign Account Tax Compliance Act