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Tapping the Indian Diaspora for Indian Development Ring Agartala 1 March 1, 2011 **This report is extremely preliminary. Research is ongoing. Please do not quote without permission of the author.
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The cfr Indian diaspora form is a form used by individuals of Indian diaspora to report their financial assets and income earned outside of India.
Any individual of Indian diaspora who holds financial assets or earns income outside of India is required to file the cfr Indian diaspora form.
The cfr Indian diaspora form can be filled out online on the official website of the Indian government. Individuals need to provide details of their financial assets and income earned outside of India.
The purpose of the cfr Indian diaspora form is to ensure that individuals of Indian diaspora are compliant with Indian tax laws and to prevent tax evasion.
Individuals must report details of their financial assets, income earned outside of India, and any foreign bank accounts they hold.
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