Income Tax Foreign Assets Disclosure Scheme 2026: Who Can Declare Undisclosed Overseas Assets, Tax Rates and Deadlines
The Income Tax Department has notified detailed rules for the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026, ahead of the one-time disclosure window opening on August 16. According to a report by Moneycontrol, the scheme allows eligible taxpayers to come forward with certain undisclosed foreign assets or income by paying the prescribed tax or fee. The scheme is available to residents,…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
