In this globalized economy, tax transparency and compliance has become paramount to ensure that taxpayers disclose their global income and assets accurately. The Common Reporting Standard (CRS) and ...

The deadline for Indian residents to disclose foreign assets and income for Assessment Year 2024-25 is January 15, 2025.

Indian residents must disclose foreign assets and income in their ITRs by January 15, 2025, to maintain compliance and avoid ...

CRS and FATCA are international frameworks designed to combat tax evasion by increasing transparency and cooperation among tax authorities worldwide. The advisory specified that foreign assets ...