Foreign Assets Disclosure Scheme 2026: Eligibility, Tax, Deadlines and Relief for Small Taxpayers
The Indian government has opened a one-time window for taxpayers to voluntarily disclose foreign assets and foreign income that didn’t make it into their tax returns. Known as the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 (FAST-DS 2026), it’s set out in Chapter IV (Sections 130 to 144) of the Finance Act, 2026. If […]