As per the latest instruction received from PFRDA/NPS Trust, PRAN would not be blocked on account of non-submission of FATCA Self-Certification. PFRDA / NPS Trust will issue revised guidelines on FATCA shortly.
Subscriber Care Team
Central Recordkeeping Agency (National Pension System) (CIN U72900MH1995PLC095642)
“Celebrating an iconic journey of 20 years”
1st Floor, Times Tower, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 Website: www.egov-nsdl.co.in . Follow us on www.facebook.com/nps.NSDL
From: Communications CRA
Sent: Friday, April 28, 2017
Subject: Submission of FATCA Self-Certification Form for your PRAN under NPS
Subject: Self-certification of Permanent Retirement Account Number (PRAN) under National Pension System (NPS)
We refer to your PRAN under NPS which is maintained with NSDL e-Governance Infrastructure Limited as Central Recordkeeping Agency for NPS and was opened on or after July 1, 2014
Name: RAJAN GUPTA
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 initiated due diligence process under the alternative procedure and in the light of the above, you are requested to submit a self-certification to NPS Trust regarding your status under Rules 114F to 114H notified under section 285BA vide Notification No. S.O. 2155 (E) dated 7 August 2015.
You are therefore requested to provide your individual status as per income-tax in self-certification form enclosed herewith along with documentary evidence within 7 days of receipt of this letter to NSDL e-Governance Infrastructure Limited as Central Recordkeeping Agency for NPS, 1st Floor, Times Tower, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013.
A Press Release dated 11 April 2017 was issued by Ministry of Finance wherein it was stated that in the event of non-receipt of self-certification form by 30 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.