Budget 2026 Amnesty: Small Taxpayers Can Declare Hidden Foreign Assets, Avoid Prosecution
Union Budget 2026 introduces FAST-DS amnesty scheme allowing small taxpayers to declare undisclosed foreign assets and avoid prosecution under Black Money Act.
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Union Budget 2026 introduces FAST-DS amnesty scheme allowing small taxpayers to declare undisclosed foreign assets and avoid prosecution under Black Money Act.
Non-disclosure of foreign shares in Schedule FA can trigger 30% tax, 90% penalty and prosecution under Black Money Act. Know scenarios and remedies.
Even honest taxpayers face ₹10 lakh penalties under the Black Money Act for small foreign asset reporting lapses. Learn Schedule FA rules, ITAT relief & how to stay compliant.
Received an Income Tax notice for undisclosed foreign assets? Learn FATCA, CRS, Schedule FA & FSI rules, Black Money Act penalties, and how to revise ITR before Dec 31, 2025.
India is cracking down on crypto non-compliance. Learn the latest rules on crypto tax under Section 115BBH, TDS on transactions, FEMA restrictions on foreign crypto holdings, Blac…