Indian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...

The BJP has turned the spotlight on Rahul Gandhi's extensive global travels, calling for transparency over the sources of funding for these...

The Enforcement Directorate is now looking into employee stock options from foreign firms given to Indian workers. This move aims to uncove...

A one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...

India’s tax department has asked NRIs and offshore entities to justify investments in unlisted shares, seeking details on fund sources and ...

An Indian employee faced a Rs 10 lakh penalty for not disclosing foreign ESOPs in his Income Tax Return. The Income Tax Appellate Tribunal,...

Office properties led institutional investment in India's real estate during the first quarter of 2026. Private equity inflows saw a signif...

Indian investors buying US stocks often overlook reporting dividend income, a common tax oversight. While foreign shares must be declared i...

Budget 2026’s proposed Foreign Income & Assets Disclosure Scheme offers a calibrated settlement window for NRIs and residents with overseas...

A new scheme will allow small taxpayers to declare undeclared foreign assets. This one-time offer covers income or assets up to one crore r...

The Income Tax Department's drive against undisclosed foreign assets has revealed ₹22,000 crore. Launched last November, it identified tax ...

Undisclosed income of more than Rs 8,460 crore has been brought to tax and penalty of more than Rs 1,290 crore has been levied, on deposits...

The income-tax department had petitioned the court challenging an order passed by the Settlement Commission in Mumbai on January 1, 2019.

Under the Act, a one-time compliance opportunity for a limited period was provided to those persons who have any foreign assets

The reporting requirement, introduced from FY 2012-13, is applicable to individuals qualifying as Resident and Ordinary Residents (ROR) in ...

Govt will notify compliance window in the next two-three weeks for those holding undeclared assets abroad to come clean by paying 30% tax.

Piloting Undisclosed Foreign Income Bill, FM said there would be short compliance window for persons having undisclosed income abroad.