https://www.taxtmi.com/news?id=17015 Guidance directs Indian Reporting Financial Institutions to identify RFIs and Reportable Accounts under FATCA/CRS, apply tiered due diligence (electronic, paper, relationship manager) for preexisting and new accounts, obtain and verify self certifications and TINs, aggregate linked accounts, and report prescribed data (identification, TIN, account number, year end balance/value, gross payments) in Form 61B via the ITDREIN e filing process, observe specified timelines and cut off dates, obtain GIIN where applicable, and comply with retention and penalty rules for inaccurate or late reporting. en-us Sat, 03 Dec 2016 17:10:34 +0530 Wed, 11 Feb 2026 15:56:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17015 Guidance directs Indian Reporting Financial Institutions to identify RFIs and Reportable Accounts under FATCA/CRS, apply tiered due diligence (electronic, paper, relationship manager) for preexisting and new accounts, obtain and verify self certifications and TINs, aggregate linked accounts, and report prescribed data (identification, TIN, account number, year end balance/value, gross payments) in Form 61B via the ITDREIN e filing process, observe specified timelines and cut off dates, obtain GIIN where applicable, and comply with retention and penalty rules for inaccurate or late reporting. News - Sat, 03 Dec 2016 17:10:34 +0530 https://www.taxtmi.com/news?id=17015