New Pension Scheme : Submission of FATCA/CRS declaration – PFRDA Order ** Pension Fund Regulatory and Development Authority, B-14/A, Chhatrapati Shivaji Bhawan, Qutab Institutional Area, Katwaria Sarai, New Delhi – 110016 ** File No: PFRDA/02/02/7/0001/2017-RnS-SGs ** 30th May, 2017 ** It is to noted that all NPS subscribers, including the Government Sector
Subscribers Whose PRAN has been generated on or after 01 July 2014, are
required to submit FATCA/CRS declaration.
Subscribers Whose PRAN has been generated on or after 01 July 2014, are
required to submit FATCA/CRS declaration.
PENSION FUND REGULATORY
AND DEVELOPMENT AUTHORITY
B-14/A, Chhatrapati Shivaji Bhawan
Qutab Institutional Area,
Katwaria Sarai, New Dehli-110016
Ph : 011-26517501,Fax : 011-26517507, Website : www.pfrda.org.in
File No: PFRDA/02/02/7/0001/2017-RnS-SGs 30th May, 2017
To,
PrAOs,CDDOs & other CG Nodal offices;
DTAs, DTOs, & other SG Nodal offices,
Autonomous Bodies under CG & SG.
Dear Sir/Madam,
Sub : Submission of FATCA/CRS declaration
It is to noted that all NPS subscribers, including the Government Sector
Subscribers Whose PRAN has been generated on or after 01 July 2014, are
required to submit FATCA/CRS declaration.
Subscribers Whose PRAN has been generated on or after 01 July 2014, are
required to submit FATCA/CRS declaration.
As per section 285BA of the Income-tax Act, 1961 read with Rule 114H of the
Income-tax Rules, 1962, a subscriber to NPS is required to give a
self-certification for tax residence status.
Income-tax Rules, 1962, a subscriber to NPS is required to give a
self-certification for tax residence status.
Further, under an agreement signed between India and USA, details of all
accounts maintained in India of the US National or the person who has tax
liability to the US Government has to be reported by the Financial
Institution. It is therefore required that all NPS subscribers must submit
the FATCA declaration.
accounts maintained in India of the US National or the person who has tax
liability to the US Government has to be reported by the Financial
Institution. It is therefore required that all NPS subscribers must submit
the FATCA declaration.
For receiving FATCA declaration online, CRA has developed functionality
Wherein the NPS subscriber can login to the CRA system as mentioned below
and submit the declaration online.
Wherein the NPS subscriber can login to the CRA system as mentioned below
and submit the declaration online.
A subscriber can log in to NPS account and submit FATCA self-certification
for his PRAN. Subscribers have been requested to provide FATCA
self-certification online even if they have already submitted the physical
Self-Certification form to CRA.
for his PRAN. Subscribers have been requested to provide FATCA
self-certification online even if they have already submitted the physical
Self-Certification form to CRA.
The steps give below may be followed for online self-certification:
1. Log in to NPS account (please visit www.cra-ansdl.com)
2. Click on sub menu “FATCA self-certification’ under the main menu
“Transaction”
“Transaction”
3. Submit the required details under “FATCA/CRA Declaration Form”
4. Click on “Submit”
5. Subscriber is requested to read and tick “Declaration &
Authorization by all customers”
Authorization by all customers”
6. Click on “Confirm”
7. Enter OTP received on registered mobile number from “NPSCRA”
8. After Authentication through OTP, Acknowledgment for the completion of
FATCA self-certification will be displayed.
FATCA self-certification will be displayed.
Further, CRA is in the process of developing functionality wherein Nodal
Offices would be able to collect the self-certification from their
employees and upload the same in the CRA system
Offices would be able to collect the self-certification from their
employees and upload the same in the CRA system
Yours Sincerely
(Ashish Kumar)
General Manager
Source : NSDL
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