Fatca

Smart card: Black money lessons from Goa, where everyone wants to be paid in cash

It should be made compulsory for merchant establishments of a certain size to accept credit/debit cards.

Govt to weed out root cause of black money, says Jaitley

Jaitley said a number of delegations have met him on this issue where people have opposed this move, "as if transaction in black money is a fundamental right".

US gives India a month more to sign Foreign Account Tax Compliance Act

US, Switzerland sign agreement to combat offshore tax evasion

In a significant move to combat tax evasion, the US and Switzerland on Thursday signed an agreement under which all Swiss banks will report the holdings of their American clients to US tax authorities.

Indian mutual funds rope in KPMG to comply with new US tax law

FATCA, which took effect from July 1, may have significant implications for Indians residing in the US and investing in products offered by the Rs 10 trillion Indian mutual fund industry.<br />