Details under FATCA-CRS: The Central Board of Direct Taxes has notified Rules 114F to 114H, as part of the Income-tax Rules,1962,which Rules require Indian financial institution such as the Bank to seek additional personal, tax and beneficial owner information and certain certifications and documentation from all our account holder. In relevant cases, information will have to be reported to the tax authorities/appointed agencies.
Towards compliance, we may also be required to provide information to any institution such as withholding agents for the purpose of ensuring appropriate withholding from the account the account or any proceeds in relation thereto.
Should there be any change in any information provide by you, please ensure you advise us promptly,i.e,within 30 days.
Please note that you may receive more than one request for information if you have multiple relationships with Axis Mutual Fund/Axis Asset Management Company Limited. Therefore, it is important that you respond to our request, even if you believe you have already supplied any previously requested information.