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Have undisclosed foreign assets worth ₹1 cr? Here's when you pay ₹60L and ₹1L in tax under FAST-DS scheme

1 month ago 22
The FAST-DS scheme allows small taxpayers to disclose foreign assets and income until December 31, 2026. Affected taxpayers must pay an additional levy based on asset category, which varies significantly between undisclosed and already-taxed foreign assets.
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