<h1>Declare Undisclosed Income with India's 2016 Scheme: Confidential, Installment Payments, No Capital Gains Tax on Transfers.</h1> The Income Declaration Scheme 2016 allows individuals to declare undisclosed income and assets, effective from June 1, 2016, until September 30, 2016. Payments can be made in installments, with confidentiality assured for valid declarations. The scheme includes provisions for asset valuation, credit for unclaimed TDS, and exemption from capital gains tax on certain transfers. No adverse actions will be taken based on cash deposits declared under the scheme, and electronic filing options are available. The government has addressed major stakeholder concerns through FAQs and will not issue further clarifications, emphasizing the scheme's closure on September 30, 2016.