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The team at iFactor is knowledgeable, responsive, and genuinely cares about our success. We are grateful for their partnership and will continue to work with them for all our financial needs..
Vishal Patel
CEO, SP Chips & Potato Pvt Ltd
Featured News
'India was, is and will be one of fastest-growing economies': SBI Research
India remains one of the world's fastest-growing economies, demonstrating significant resilience. Strong credit and deposit growth indicate a robust financial sector performance. Foreign currency inflows are bolstering the nation's economic standing. Improved monsoon outlook and better irrigation support the rural economic outlook. The number of high-income taxpayers continues to show a notable increase.
Foreign Assets Disclosure Scheme 2026: ₹1 crore limit, 30% tax and December 31 deadline — all you need to know
A new government scheme will open on August 16, 2026, for taxpayers to disclose foreign assets. This one-time voluntary disclosure scheme closes on December 31, 2026, for eligible individuals. Taxpayers can declare undisclosed foreign assets or income up to one crore rupees. Certain foreign assets already offered to tax can be declared if their value exceeds five crore rupees. The entire process for this disclosure scheme will be conducted online.
