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UNDISCLOSED FOREIGN ASSETS
Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...- Got ESOPs, a foreign bank account, or savings abroad? Here's what the tax department expects from you
- Mismatch between Rahul Gandhi's income, foreign trips' expenses, says BJPThe BJP has turned the spotlight on Rahul Gandhi's extensive global travels, calling for transparency over the sources of funding for these...
- SC sends Rs 30,000 crore Sunjay Kapur estate dispute involving Karisma Kapoor’s children to mediationThe Supreme Court has sent the Sunjay Kapur family estate dispute to mediation. Former Chief Justice DY Chandrachud will oversee talks betw...
- After AI, China unicorns are eyeing global domination in robotic humanoidsLinkerbot currently holds over 80 per cent of the global market share in high-degree-of-freedom (DoF) robotic hands.
- Supreme Court grants anticipatory bail to Pawan Khera in defamation caseThe Supreme Court has granted anticipatory bail to Congress leader Pawan Khera. This relief is in a case involving allegations of forgery a...
- Delhi HC says Priya Kapur must clear ‘legitimate suspicions’ raised by Karisma Kapoor’s kids in Sunjay Kapur family estate disputeDelhi High Court mandates that doubts surrounding Sunjay Kapur's Will must be cleared. Priya Kapur, the Will's proponent, faces the task of...
- Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
- Employee fined Rs 10 lakh over lack of ESOP disclosure in ITR; here's why ITAT Chennai cancelled itAn Indian employee faced a Rs 10 lakh penalty for not disclosing foreign ESOPs in his Income Tax Return. The Income Tax Appellate Tribunal,...
- Office assets anchor institutional confidence as PE investments rise in March quarterOffice properties led institutional investment in India's real estate during the first quarter of 2026. Private equity inflows saw a signif...
- Passport row heats up Assam polls as Akhil Gogoi slams ‘police raj’ under Himanta SarmaAssam's Assembly elections approach with a passport controversy escalating. Raijor Dal chief Akhil Gogoi criticizes Chief Minister Himanta ...
- Assam CM Himanta Biswa Sarma accuses Congress of Pakistan-linked smear campaignAssam Chief Minister Himanta Biswa Sarma alleges the Congress party used false information from Pakistani social media to create charges ag...
- 'Congress will expose all': Gaurav Gogoi counters Himanta’s Pakistan link charge; alleges 'lies'Assam Congress President Gaurav Gogoi has accused Chief Minister Himanta Biswa Sarma of lying and hiding family assets abroad. Gogoi demand...
- ₹60 Lakh vs ₹1.20 crore: How Budget 2026’s foreign asset disclosure scheme cuts black money act risk for NRIs and residents with overseas assetsBudget 2026’s proposed Foreign Income & Assets Disclosure Scheme offers a calibrated settlement window for NRIs and residents with overseas...
- Undisclosed foreign assets? Budget 2026 offers a 6-month amnesty—here’s how to avoid jail
- Budget offers one-time amnesty for undisclosed foreign assets held by individualsA six-month mini amnesty window allows individuals to declare undeclared foreign assets acquired with disclosed earnings for a fee. This in...
- Nudged by taxman, MNCs tell staff to reveal undisclosed foreign assetsThe Income Tax department is sending urgent reminders to multinational companies. Employees with undisclosed foreign assets and earnings ar...
- Indian residents with undisclosed foreign assets under scanner: Tax Dept launches NUDGE 2.0 campaign
- Tax dept focuses on undisclosed foreign assets in NUDGE 2.0The CBDT has launched the second phase of its NUDGE initiative, targeting taxpayers with unreported foreign assets. The campaign aims to en...
- Finance ministry to reopen assessments of taxpayers with secret foreign assetsThe finance ministry is considering reopening assessments of taxpayers found to possess undisclosed foreign assets
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