The Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes vide a press release dated April 11, 2017, has notified that all individuals and entities who have opened folios from July 01, 2014 to August 31, 2015 need to submit the FATCA self-certifications by April 30, 2017. In case self-certifications are not submitted till April 30, 2017 then such folios should be blocked, prohibiting the unit-holder from effecting any further transactions.