FAST-DS 2026: Complete Guide to the Foreign Assets of Small Taxpayers Disclosure Scheme The Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 (FAST-DS 2026) is a one-time compliance opportunity introduced by the Government of India for eligible taxpayers who have not properly disclosed certain foreign…
For prop firm traders earning income through overseas proprietary trading firms, FAST-DS 2026 can provide an important opportunity to regularise eligible foreign income or assets that may not have been properly disclosed in earlier Indian tax returns. The scheme came into force on August 16,…
FAST-DS 2026 can be particularly relevant for Indian crypto traders and investors holding undisclosed foreign crypto assets or accounts. It may help eligible taxpayers regularise certain foreign assets, such as: For qualifying Category 2 cases, assets up to ₹5 crore may potentially be regularised for…