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New Tax Laws For Small Taxpayers: From Immunity To 100% Penalty On Undisclosed Income

CBDT has notified Foreign Assets of Small Taxpayers-Disclosure Scheme Rules, 2026, effective August 16; sets Rs 1 crore and Rs 5 crore thresholds for eligibility.

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NDTVCenter·2h ago
New Tax Laws For Small Taxpayers: From Immunity To 100% Penalty On Undisclosed Income
CBDT has notified Foreign Assets of Small Taxpayers-Disclosure Scheme Rules, 2026, effective August 16; sets Rs 1 crore and Rs 5 crore thresholds for eligibility.
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New Tax Laws For Small Taxpayers: From Immunity To 100% Penalty On Undisclosed Income

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New Tax Laws For Small Taxpayers: From Immunity To 100% Penalty On Undisclosed Income

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