Frequently asked Questions on Foreign Assets of Small Taxpayers Disclosure Scheme and Rule 2026.
CBDT has released a FAQs on Foreign Assets of Small Taxpayers Disclosure Scheme (FAST-DS) and recently notified Foreign Assets of Small Taxpayers – Disclosure Scheme Rules, 2026
The FAQs are divided into sections namely
A. About the Scheme – 5 FAQs
B. Who Can Make a Declaration (Eligibility) – 6 FAQs
C. What Can Be Declared; Scope of the declaration – 5 FAQs
D. Amount Payable – 4 FAQs
E. Valuation of Assets (Rule 3) – 16 FAQs
F. How to File a Declaration (Form 1) – 3 FAQ
G. Processing of the Declaration — Orders and Payment (Forms 2, 3 and 4) – 7 FAQ
H. Effect of a Valid Declaration — Benefits and Immunities – 3 FAQ
I. Where the Scheme Does Not Apply – 1 FAQ
Download FAST-DS Faqs Click Here >>
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