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No immunity from FEMA under new foreign assets disclosure scheme: Experts

FAST-DS 2026 lets resident Indians disclose unreported foreign assets with Black Money Act immunity, but not FEMA; filing may trigger RBI/FEMA penalties.

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Times of India

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No immunity from FEMA under new foreign assets disclosure scheme: Experts

FAST-DS 2026 lets resident Indians disclose unreported foreign assets with Black Money Act immunity, but not FEMA; filing may trigger RBI/FEMA penalties.

11 hours ago·India

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Times of India broke the news in India 11 hours ago on Thursday, August 20, 2026.

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No immunity from FEMA under new foreign assets disclosure scheme: Experts

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No immunity from FEMA under new foreign assets disclosure scheme: Experts

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