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, MAHARAJAH RAN JIT SINGH PUNJAB TECHNICAL UNIVERSITY, BATHING(State Univ. ESB by Punjab Govt. Act 5(2015) u/s 2(f) and Approved u/s 12B of the UGC Act of 1956)DIWALI ROAD, BATHING (Punjab) 151001Form
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H loll d ifla stands for Foreign Bank Account Report (FBAR).
Any U.S. person who has a financial interest in, or signature authority over, foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year is required to file FBAR.
FBAR can be filled out online on the FinCEN website or through the BSA E-Filing system.
The purpose of FBAR is to combat tax evasion by ensuring that U.S. persons report their foreign financial accounts.
The FBAR requires the reporting of the maximum value of each foreign account during the calendar year and the name and address of the foreign financial institution where the account is held.
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