CBDT receives around 1,100 applications under foreign assets disclosure scheme
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CBDT receives around 1,100 applications under foreign assets disclosure scheme
Since the launch of the Foreign Assets of Small Taxpayers Disclosure Scheme, approximately 1,100 taxpayers have submitted applications. The scheme provides an opportunity to disclose unreported foreign assets and income at a 60 percent tax rate. Taxpayers can access information about their assets r»»»
Income Tax Department nudges taxpayers holding undisclosed foreign properties
By Shailesh YadavNew Delhi [India], October 26 (ANI): The Income Tax Department has stepped up efforts to persuade taxpayers with undisclosed assets abroad to use the Foreign Assets of Small Taxpayers – Disclosure Scheme, 2026 (FAST-DS), a one-time opportunity to declare foreign assets and income n»»»
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