The Economic Times

FAST-DS 2026: Have undisclosed overseas crypto assets? Know the 1 crore and 5 crore threshold rules before you disclose

If you're managing cryptocurrency on international exchanges without disclosing them in India, the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 (FAST-DS 2026) could be essential for you. This piece delves into the necessary steps for declaring foreign digital assets and discusses the consequences of failing to disclose crypto investments, highlighting potential tax liabilities and legal safeguards.