19/08/2026
🚨 Crucial Tax Alert for Global Citizens & MNC Employees 🚨The Government of India has introduced a major window of relief: the Foreign Assets of Small Taxpayers–Disclosure Scheme (FAST-DS) 2026.If you hold foreign bank accounts, overseas stock options (RSUs/ESOPs), or property abroad that went unfiled in your previous Income Tax Returns, this is your official opportunity to come completely clean with 100% prosecution immunity.Here is what you need to know:🔹 Scenario 1 (Untaxed Assets): Pay a 60% total levy on assets up to ₹1 crore. No flat fee.🔹 Scenario 2 (Tax-Paid / NRI Assets): If the money was already taxed but you skipped filing Schedule FA, rectify it for a flat fee of ₹1 Lakh (0% tax/penalty).📅 Deadline: December 31, 2026.What happens if you ignore this?Bypassing this window and getting caught later triggers the severe Black Money Act—resulting in up to a 120% asset penalty, a ₹10 Lakh per year fine, and up to 10 years of imprisonment.Don't let a past reporting oversight turn into a legal nightmare. Move forward with peace of mind.
📥 check your scenario and contact SATAX ADVISORS today for confidential, expert guidance.📞 +91-8319022916
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🌐 www.satax.in
