inputs on Union Budget 2026 by Deepashree Shetty, Partner, Global Mobility Services, Tax & Regulatory Advisory, BDO India

2026-02-04 02:59:08 pm | Source: BDO India

inputs on Union Budget 2026 by Deepashree Shetty, Partner, Global Mobility Services, Tax & Regulatory Advisory, BDO India

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Below the inputs on Union Budget 2026 by Deepashree Shetty, Partner, Global Mobility Services, Tax & Regulatory Advisory, BDO India

The proposed amendments in Foreign Asset Reporting (FAR) brings more self-governance on individual taxpayers to ensure that the income from foreign assets and the assets itself are reported appropriately to avoid additional tax penalty levies. With the announcement of Foreign Asset Disclosure Scheme, taxpayers would be entrusted with financial transparency and compliance

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inputs on Union Budget 2026 by Deepashree Shetty, Partner, Global Mobility Services, Tax & Regulatory Advisory, BDO India

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