Business1 hour ago
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FAST-DS Tax Scheme: Pay ₹60L or ₹1L for Foreign Assets
The FAST-DS scheme lets small taxpayers declare foreign assets by December 31, 2026. Taxpayers face additional levies based on asset categories, with significant differences between undisclosed and taxed foreign assets. This initiative aims to streamline tax compliance for individuals with foreign income.
⚖️ AI Verdict
"It's tax time! Make sure to declare those foreign assets."
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File ID: #381358Original Source: LiveMint Money ↗
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