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Submission of FATCA/CRS Self Declaration for For PRAN opened on or after 1st July 2014

NPS Trust has been designated as a Reporting Financial Institution under section 285BA of the Income tax Act, 1961 (‘the Act’) and is required to identify accountholders after carrying out the due diligence process as per Rules 114F to 114H of the Income-tax Rules, 1962 (‘the Rules’). NPS Trust has now initiated due diligence process and in the light of the above, you are requested to submit a self-certification (i.e. FATCA/CRS Declaration) to NPS Trust regarding your status under above mentioned income tax rule.

         Self-Certification of Permanent Retirement Account Number (PRAN) by Subscribers For PRAN opened on or after 1st July 2014, Subscribers are requested to provide his/her individual status as per income-tax in the Self-Certification Form (hosted in NPS Trust & CRA website) along with documentary evidence by 30th April 2017 as NPS Trust being designated as a Reporting Financial Institution under section 285BA of the Income Tax Act,1961 is required to identify account holders after carrying out the due diligence process as per Rules 114F to 114H of the Income-tax Rules, 1962 vide Notification No. S.O. 2155(E) dated 7th August 2015.
The Press Release dated 11th April 2017 issued by Ministry of Finance states that in the event of non-receipt of self-certification form by 30th April 2017, the account(s) should be blocked and the transactions by the account holder in such blocked accounts would be effected once the duly filled self-certification is obtained. Subscribers who had opened their PRAN on or after 1st July 2014 are therefore requested to submit the Self-Certification Form (hosted in NPS Trust & CRA website) along with relevant documents to the concerned Central Recordkeeping Agency (CRA) by 30th April 2017.

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In case you require any clarification or assistance with respect to the above, please contact Ms. Ranjana Chavan / Ms. Mamta Jadhav at 022-40904242
Address of CRA’s
NSDL e-Governance Infrastructure Limited
1st Floor, Times Tower, Kamala Mills Compound
Senapati Bapat Marg, Lower Parel
Mumbai – 400013
Toll free number - 1800222080
Karvy Computershare Private Limited
Karvy Selenium, Tower- B, Plot No 31 & 32
Nanakramguda, Serilingampally Mandal,
Hyderabad, 500032
Toll free number - 18002081516
Download FATCA Self Declaration Format