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Received a FAST-DS 2026 Foreign Assets Notice? Don't Ignore It If you have recently received an email from the Income Tax Department referring to Foreign Assets of Small Taxpayers – Disclosure Scheme, 2026 (FAST-DS 2026), you may be wondering: The first important point is that…
A comprehensive guide for Indian traders participating in global proprietary trading firms Over the last three years, proprietary trading firms - commonly known as "prop firms" - have exploded in popularity among Indian retail traders. Platforms like FTMO, The Funded Trader, MyForexFunds, Apex Trader Funding,…
Who qualifies as a Seafarer or Merchant Navy Worker in Income Tax Act? To begin with, it is fundamentally important to clarify that the Income Tax Act, 1961 (hereinafter referred to as the ‘Act’), does not strictly define or recognize specific occupational terms such as…