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    <title>Sitharaman announces 6-month foreign asset disclosure scheme for small taxpayers</title>
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    <description>A six-month foreign asset disclosure scheme is proposed for small taxpayers such as students, tech professionals and relocated NRIs. No interest will be charged on penalty amounts for the period of appeal before the first appellate authority, irrespective of outcome. Dividend income received by notified cooperatives on investments made up to January 31, 2026, is proposed to be exempt for three years.</description>
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