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Small taxpayers, big relief: Rules & forms notified for Foreign Asset Disclosure Scheme 2026; what they mean

The scheme provides a one-time opportunity to address specified foreign income and foreign asset reporting gaps. Foreign assets may possibly be overlooked years later—whether it is a bank account opened while studying abroad, stocks received by domestic employees under Company’s Employee Stock Option plans (ESOPs) or Restricted Stock Units (RSUs), savings accumulated during an international […]
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