Mon, Nov 18, 2024
The Central Board of Direct Taxes (CBDT) has launched a new campaign aimed at informing taxpayers about the importance of declaring foreign assets in their Income Tax Returns (ITR). The initiative focuses on ensuring compliance with tax laws and helps taxpayers understand their reporting obligations regarding foreign assets.
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Thu, Jul 28, 2022
Government may soon initiate insolvency proceedings on foreign assets. Action can be started on the properties of fugitive promoters. Know full details from Tarun Sharma.
Tue, May 31, 2022
Over the last few years, there seems to have been a big push for countries to shift their focus from boosting foreign exchange reserves from forex in their markets and instead turn to accumulating assets abroad, most of which seem to follow behind China.
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