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Rs 1 crore foreign asset limit under FAST-DS 2026: What taxpayers must know about undisclosed income

FAST-DS 2026 prescribes detailed rules for valuing foreign assets, but how should undisclosed foreign income be computed for the ₹1-crore limit? This article examines whether such income should be computed under the Income-tax Act and converted into Indian ru…

By O.P. Yadav· The Times of India· 16 days ago· 2 min read
Rs 1 crore foreign asset limit under FAST-DS 2026: What taxpayers must know about undisclosed income