The government has introduced a time-bound opportunity for taxpayers to declare foreign assets and income, with electronic submissions required by December 31, 2026.
The scheme will be effective from August 16
Aug 15, 2026
11:46 am
What's the storyThe Indian government has launched a special disclosure scheme for taxpayers to declare specific foreign assets and undisclosed income.
The "Foreign Assets of Small Taxpayers Disclosure Scheme Rules, 2026," was announced yesterday and will be effective from August 16.
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