Business49 minutes ago
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CBDT Launches Foreign Income Disclosure Scheme for Small Taxpayers
The CBDT's new scheme allows small taxpayers to declare foreign assets by December 2026, ensuring a 60% payment for penalty immunity. This initiative aims to simplify tax compliance and encourage transparency among taxpayers. With the deadline approaching, it's crucial for individuals to understand their obligations and potential benefits under this program.
⚖️ AI Verdict
"Tax time just got a little easier for small taxpayers!"
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File ID: #343864Original Source: LiveMint Money ↗
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