Tag: fast-ds

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 …

Foreign Assets of Small Taxpayers- Disclosure Scheme Rules 2026 notified. Rule come into force on the 16th day of August, 2026. The Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 (in short, “FAST-DS”) is a one-time voluntary compliance mechanism introduced under Chapter IV (running from Sections 130 to …