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 government has opened a limited window for taxpayers to disclose specified foreign assets and income. Two routes offer eligibility thresholds of ₹1 crore and ₹5 crore, with…

Income Tax Department launches a scheme for small taxpayers to disclose foreign assets up to ₹5 crore until December 2026.