Income tax department conducts outreach programme on FAST-DS 2026 in Thoothukudi

THOOTHUKUDI The Income Tax Department has organised an outreach programme on Foreign Assets of Small Taxpayers- Disclosure Scheme (FAST-DS), 2026 for chartered accountants, income tax practitioners and other tax professionals in Thoothukudi on Thursday. According to a press statement, the programme was conducted under the guidance of Principal Commissioner of Income Tax Vivekanandan and Yasser Arafat, Additional Commissioner of Income Tax, Thoothukudi. The scheme primarily aims to provide an opportunity to eligible small taxpayers and other eligible persons to disclose and regularise details of foreign assets and income that may have been inadvertently omitted from their income tax returns.

This includes foreign assets acquired out of income already subjected to tax as well as eligible cases involving foreign income. Chartered accountants, income tax practitioners and other tax professionals participated in the programme. Income tax officers K.

Shanmugasundararaj and K.