TNN; Aug · Business · 2026-08-15
Now, tax amnesty for undisclosed foreign assets
NEW DELHI: As part of efforts to get non-resident students and professionals, or those who have relocated to India, to come clean on undisclosed overseas assets and income, govt Saturday notified a new voluntary disclosure scheme for small taxpayers, who can pay an effective tax of 60% and avoid pen... NEW DELHI: As part of efforts to get non-resident students and professionals, or those who have relocated to India, to come clean on undisclosed overseas assets and income, govt Saturday notified a new voluntary disclosure scheme for small taxpayers, who can pay an effective tax of 60% and avoid penalties
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