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Home / NRI / What Is US Person In NPS?
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What Is US Person In NPS?

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You must be acquainted with the term NPS, it stands for National Pension Scheme where previously only Indian citizens were able to invest. But now the PFRDA or Pension Fund Regulatory and Development Authority has issued a circular stating that the Overseas Citizen of India or OCIs can also invest in NPS tier-1 accounts. Now people have often posed the question of what is US person in NPS form and I hope these details have already given you an idea. I can share more details about this topic here.

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  How can a US person provide FATCA details in NPS?

A US person can provide  Foreign Account Tax Compliance Tax or FATCA online at

https://enps.nsdl.com/eNPS/NationalPensionSystem.html

 

Or physically submit the details to the nearest branch of PoP or Point of Presence.

Things you need to mention are:

  • Specify you are a US person

  • Specify you are a tax resident of a third country

  • You are an Indian tax resident if you have spent more than 182 days in the country

  • If you are a US person or tax resident do provide your address in your foreign country, tax identification number and documentary evidence of the same

You can look at the form at the end of this answer. 

I hope the concept of US person in NPS is clear to you now.

  Read More:

How to download NPS tax certificate?

How to download NPS payment receipt?

What is iPIN in NPS?

 

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