FAQs on Foreign Assets of Small Taxpayers Disclosure Scheme and Rule 2026

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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