Form W- 8 BEN :           You must give Form W-8BEN to the withholding agent or payer (not to IRS), if you are a foreign person and you are the beneficial owner of an amount subject to withholding to claim a reduced rate of, or exemption from, withholding. Foreign persons (Nonresident aliens) are subject to U.S. tax at a 30% rate on income they receive from U.S. sources that consists of :           1] Interest (excluding interest on bank deposits) 2] Dividends (subject to 25% rate under US-India tax article #10) 3] Rents, 4] Royalties, 5] Premiums, 6] Annuities, 7] Compensation for, or in expectation of, services performed, 8] Substitute payments in a securities lending transaction (Or) 9] Other fixed or determinable annual or periodical gains, profits or income.           You may also be required to submit Form W-8BEN to claim an exception from withholding for certain types of incomes as below :           1] Broker proceeds 2] Short-term (183 days or less) original issue discount (OID) 3] Bank deposit interest 4] Foreign source interest, dividends, rents or royalties           Submit Form W-8BEN when requested by the withholding agent or payer whether or not you are claiming a reduced rate of, or exemption from, withholding. You must notify the withholding agent or payer within 30 days of becoming a U.S. citizen or resident alien. You may need to file Form W-9.           Generally, a Form W-8BEN will remain in effect for a period starting on the date the form is signed and ending on the last day of the third succeeding calendar year. For example, a Form W-8BEN signed on September 30, 2008, remains valid through December 31, 2011.           You need to use Form W-8ECI for the US source income that is effectively connected effectively connected with a trade or business within the US.           Form W-4 :           You need to file Form W-4 with your employer so that the employer can withhold the correct amount of federal and state taxes from your pay.           Complete Form W-4 correctly specifying your filling status and the number of dependent you are claiming on your tax return. In addition to this if you plan to claim itemized deduction in your tax return you should claim your projected itemized deduction. Consider completing a new Form W-4 each year and when your personal or financial situation changes , which will ensure that there will not be too much of withholding or you do not pay interest & penalties on account of lesser withholding.           You can take projected tax credits into account in figuring your withholding. Credits for child or dependent care expenses and the child tax credit may be claimed using the Personal Allowances Worksheet. Your withholding usually will be most accurate when all allowances are claimed on the Form W-4.           If you have a large amount of non wage income, such as interest or dividends, consider making estimated tax payments using Form 1040-ES, Estimated Tax for Individuals. Otherwise, you may owe additional tax.           Do not use Form W-8 BEN if :     You are a U.S. citizen (even if you reside outside the United States) or other U.S. person (including a resident alien individual). Instead, use Form W-9, Request for Taxpayer Identification Number and Certification.