The Budget introduces a six-month window to declare undisclosed foreign assets or income. Eligible disclosures receive limited relief from penalty and prosecution upon payment of prescribed tax or ...

The Union Budget 2026 introduces a six-month window for taxpayers to voluntarily disclose previously unreported foreign income and assets.

Union Budget 2026 introduces a six-month window for voluntary foreign asset disclosure, helping small taxpayers correct past omissions. Learn more.

Budget 2026 introduces a one-time Foreign Assets Disclosure Scheme offering penalty and prosecution relief for NRIs, tech ...

The scheme allows eligible taxpayers to disclose undisclosed foreign assets or income with immunity from prosecution. The key takeaway is certainty and closure for small, non-wilful ...

DS 2026 window is meant for Indian residents who failed to disclose foreign income or assets in earlier ITRs and wish to ...

Union Budget 2026 grants prosecution immunity for undisclosed small foreign assets below Rs. 20 lakh, launches a one-time six-month disclosure window, and mandates TDS on property sales by ...

The one-time foreign assets disclosure scheme will provide a six-month time frame, offering stakeholders a defined period to ensure compliance. The measure is intended at enhancing financial ...

Union Budget 2026 introduces a foreign asset disclosure scheme for small taxpayers to enhance financial transparency in India.

Under the proposed Foreign Assets of Small Taxpayers – Disclosure Scheme, 2026 (FAST-DS 2026), resident taxpayers will get a time-bound opportunity to declare undisclosed foreign income and assets, ...

DS, allowing taxpayers to voluntarily declare previously unreported foreign assets and income for a fresh start.

Budget 2026 introduces a one-time six-month foreign income and asset disclosure scheme, specifically benefiting small taxpayers, NRIs, and professionals. This scheme addresses compliance issues, ...