Tag: Income Tax India

New Tax Window Allows Indians To Disclose Undeclared Foreign Assets And Income: Which Overseas Bank Accounts, Shares And Property Can Be Reported?

India’s FAST-DS 2026 scheme gives eligible taxpayers a limited window to disclose certain previously unreported foreign assets and income. The scheme covers qualifying overseas bank accounts, shares, property and other assets, subject to specific conditions.

Form 16 & Advance Tax Deadlines: Crucial Personal Finance Rules Changing For Salaried Folks This Month

June 2026 is not just another salary month for Indian employees. It brings two key tax checkpoints that can...

ITR Filing 2026: Foreign Income Or Overseas Assets? 7 Disclosure Mistakes To Avoid

Learn the 7 common foreign income and overseas asset disclosure mistakes to avoid during ITR Filing 2026, including Schedule FA, FSI, TR and tax credit errors.