An Indian bank is asking for some details as a part of the FATCA (Foreign Account Tax Compliance Act) declaration resident address for tax purposes; the first country of tax residence, the second country of tax residence. FATCA or Foreign Account Tax Compliance Act allows the automatic exchange of financial information between India and the US.
TIN in the context of FATCA refers to Tax Payer Identification Number. While registering for NPS account online, you will need to mention your country of birth, citizenship, and residence for tax purpose under the ‘FATCA/CRS Declaration Tab’,
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