#taxpayers
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…
Andrew Mountbatten-Windsor 'received boost to his taxpayer-funded expenses as trade envoy after review HE commissioned found he was a "highly valuable UK asset"'
Andrew's running costs grew so bulky he was given the nickname 'Air Miles Andy' while serving as special representative for international trade and investment.
Income tax returns: What is the deadline to file ITR for FY26? Top FAQs answered on penalty, forms and delayed returns
Taxpayers should be aware of the necessary documentation and deadlines for filing ITR. For FY2025-2026, the deadline is 31 July 2026, with delayed filing until 31 December, incurring additional costs.