Income Tax · 14 Aug 2026
Foreign Assets of Small Taxpayers Disclosure Scheme: rules and forms notified; last date is 31 December 2026
The Scheme’s rules, notified on 14 August 2026 and in force from 16 August, fix 31 March 2026 as the valuation date, set out how each foreign asset is valued, and prescribe Forms 1 to 4 for the declaration, the order, the payment and the final certificate.
New facility