FAST-DS 2026: Foreign Assets of Small Taxpayers Disclosure Scheme — Two Categories, Now Open Until 31 December 2026
FAST-DS 2026, enacted as sections 130 to 144 of the Finance Act 2026, gives small taxpayers a one-time window to disclose unreported foreign assets and income with immunity under the Black Money Act, 2015. Two categories (up to Rs 1 crore at 60%; up to Rs 5 crore at a Rs 1 lakh fee). Open 16 August to 31 December 2026.
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