The Budget introduces a six-month window to declare undisclosed foreign assets or income. Eligible disclosures receive limited relief from penalty and prosecution upon payment of prescribed tax or ...

DS 2026 window is meant for Indian residents who failed to disclose foreign income or assets in earlier ITRs and wish to ...

Budget 2026 introduces a one-time Foreign Assets Disclosure Scheme offering penalty and prosecution relief for NRIs, tech ...

Accounting giant PwC is calling for clearer rules for the tax treatment of foreign government-sourced investments and guidance on when a foreign government’s investment creates effective control ...

The Union Budget 2026 introduces a six-month window for taxpayers to voluntarily disclose previously unreported foreign income and assets.

Union Budget 2026 introduces a six-month window for voluntary foreign asset disclosure, helping small taxpayers correct past omissions. Learn more.

Budget 2026 introduces a New Income Tax Act effective April 1, 2026, with staggered ITR filing deadlines and reduced TCS on ...

The issue focuses on whether income is taxable in India or abroad after a change in residency. DTAA provisions ensure that the same income is not taxed ...

Employees earning foreign income face higher tax deductions. This happens because employers cannot apply foreign tax credits during monthly TDS. Budget 2026 is urged to introduce a mechanism for this.

Subpart F income requires U.S. shareholders of controlled foreign corporations to report certain categories of foreign income — even when no distribution is made. This article explains how Subpart F ...