<h1>Income declaration scheme: voluntary disclosure permitted with penalty and immunity from inquiry if made before the prescribed deadline.</h1> The Income Declaration Scheme (IDS), 2016 provides a limited-time voluntary disclosure window enabling persons with undeclared income or assets to regularise them by paying a prescribed penalty and, in return, receive immunity from inquiry into the source of the disclosed funds; the government promoted the Scheme through extensive outreach and cautioned that tougher enforcement will follow after the disclosure period.