Scroll Text

........ VERIFICATION OF MEMBERSHIP FOR RECOGNITION OF SERVICE ASSOCIATIONS IN GDS CADRE HAS BEEN STARTED FROM 22-06-2017.......ALL GDS COMRADES ARE REQUESTED TO FRANCHISE THEIR OPTION IN FAVOUR OF AIPEU GDS .......WITH ALL YOUR SUPPORT, COOPERATION & ENCOURAGEMENT IT WILL STANDS No.1 RECOGNIZED UNION....GIVE A GOOD OPPORTUNITY TO AIPEU GDS TO SERVE THE GDS BETTER & MUCH MORE BETTER....... .......

scroll text 2

......... CONGRATULATIONS TO THE SELECTED CANDIDATES FOR THE POSTS OF GDS .. VISIT indiapost.gov.in for Notifications ............. NEXT HEARING OF THE COURT CASE IN PR. CAT, DELHI IS ON ... 27th August 2017............

MESSAGE FROM CHQ

Dear Comrade newly elected Divisional / Branch Secretaries of AIPEU-GDS -- PLEASE SEND YOUR POSTAL ADDRESS WITH PIN CODE, MOBILE NUMBER, E-MAIL ID THROUGH SMS TO ..09849466595.. OR BY E-MAIL TO >aipeugdsnfpe@gmail.com< IMMEDIATELY................... CRUSADER TO GRAMIN DAK SEVAKS (2nd Edition -2016) is ready and can place indent to AIPEU GrC (CHQ), NEW DELHI-8....... One copy Rs.225/- (560 pages) ..... Send e-MO for Rs.250/- to receive one copy of the Book by Regd. Book Paket..........

Thursday, April 13, 2017

Your Bank , other financial accounts may be blocked if you dont link them with Aadhar by 30 th April

Accounts opened from July 2014 to August, 2015 will have to submit know your customer (KYC) details and their Aadhaar number to banks and financial institutions by April 30 and self-certify them to comply with FATCA regulations (Foreign Tax Compliance Act), the tax department said on Tuesday. 


In case the account holders are unable to furnish details and provide self-certification by the new deadline, banks and financial institutions have the option of blocking the accounts. 

Once the details are furnished they can operate the accounts. The provision applies to accounts which come under the ambit of FATCA regulations. 

Banks and financial institutions were asked to obtain self-certification and carry out due diligence for all individual and entity accounts opened from July 1, 2014 to August 31, 2015 to comply with the Foreign Account Tax Compliance Act (FATCA) pact signed by India and the United States. 

In July 2015, India and the US signed a tax information sharing agreement under a new US law, FATCA, aimed at bolstering efforts for automatic exchange of financial information between the two nations about tax evaders. 

"The account holders may be informed that, in case self-certifications are not provided till April 30, 2017, the accounts would be blocked, which would mean that the financial institution would prohibit the account holder from effecting any transaction with respect to such accounts," the tax department said in a statement. 

Tax officials said that the accounts would include banks, insurance, stocks. Account holders will also have to mention their Aadhaar numbers.

Source:-The Economic Times