Maharashtra Tax Practitioners' Association

05/08/2026

1st Study Circle Meeting
✍️📑✍️💫📑

29/07/2026

29/07/2026

🙏🌹🙏🌹🙏🌹
Happy Guru Purnima
🌹🙏🌹🙏🌹🙏
Av. Dnyaneshwar Narwade
(President)
Team MTPA
🌹🌹🌹🌹🌹

24/07/2026

॥ जय हरी विठ्ठल ॥
🌿🚩🙏🚩☘️
आषाढी एकादशीच्या पावन निमित्ताने
आपल्या जीवनात भक्ती, शांती, समाधान आणि सुख-समृद्धी नांदो.
🙏🚩🙏💫
आषाढी एकादशीच्या सर्वांना मंगलमय हार्दिक शुभेच्छा!
💐🚩🚩💐
Adv.Dnyaneshwar Narwade
(President )
MTPA TEAM
🚩🚩🚩🚩🚩

09/06/2026

Missed the latest update on the Foreign Asset Disclosure Scheme (Finance Act 2026)? 🌍💼

With automated global data sharing, tax authorities are tracking old overseas bank accounts, unreported ESOPs/RSUs, and foreign inheritances faster than ever.

The new scheme provides a vital compliance lifeline:

👉 Legitimate but unreported assets (up to ₹5Cr): Settle for a ₹1 Lakh fee instead of facing the standard ₹10 Lakh annual penalty.

👉 Undisclosed foreign income (up to ₹1Cr): Pay a flat 60% to buy complete peace of mind and full immunity from Black Money Act prosecution.

Remember: Foreign Asset schedules require December 31st values and peak balances, not just year-end figures. Don't let a technical omission cause a major legal headache.

Watch the full analysis by the Maharashtra Tax Practitioners’ Association here:
🔗 https://youtu.be/WXRp9BUIzS0

Adv. Anurudra Chavan
Team MTPA

...

19/04/2026