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Home Tag Archives: prohibit

Tag Archives: prohibit

Fatca doesn’t prohibit NRIs from investing in mutual funds in India

By Loknath Das
July 31, 2018
in :  News
Comments Off on Fatca doesn’t prohibit NRIs from investing in mutual funds in India

Photo: iStock I am an NRI and have been told that I can’t invest in mutual funds in India because of Foreign Account Tax Compliance Act (Fatca). Is that true? If yes, what is the next best option for me to invest in? —Abhay Gupta Ever since Fatca has been enforced, financial institutions outside the US have become increasingly reluctant to deal …

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