FAST-DS 2026 Route Resolver

Four questions per asset decide whether a foreign asset you never put in Schedule FA takes the expensive route — about 60% of its value — or qualifies for a flat fee. On a ₹40 lakh holding that is the difference between about ₹1 lakh and about ₹24 lakh.

Four questions per asset decide whether a foreign asset you never put in Schedule FA falls in Category A — 30% tax plus an amount equal to that tax, about 60% of value — or Category B, a flat fee. On a ₹40 lakh holding that is the difference between about ₹1 lakh and about ₹24 lakh. The portal will not tell you which one you are in; it starts after you have decided.

  1. 1List each asset
  2. 2Answer four questions
  3. 3See the cost
  4. 4Print and file
Nothing you type here leaves this browser. No upload, no account, no server call and nothing written to storage — disconnect from the internet and this page still works.
Nothing you type here leaves this browser. There is no upload, no account, no server call and no analytics beacon. You can disconnect from the internet and this page will still work — save it and open it offline if you would rather. For this particular question that is not a nicety; it is the only shape of tool a sane person would use.

Your foreign assets

One block per asset, valued as at 31 March 2026. Do not wait for your Annual Information Statement (AIS) to catch up — CY2025 foreign-asset data is expected there in September–October 2026, possibly later, and the window closes 31 December 2026 either way.

How each asset class is valued

The Rules do not accept a closing balance or a guess. This is the method for each class — the worksheet above applies it, but the underlying figures are yours to gather.

Asset classPrescribed basis at 31 March 2026What you will be asked to produce
Immovable propertyHigher of acquisition cost and open-market value on the valuation dateA valuation report from a recognised valuer
Quoted shares & securitiesHigher of cost and the average of the lowest and highest quoted price on the valuation dateBroker/exchange statement showing the day's high and low
Unquoted equity sharesHigher of cost and a formula value computed on the company's underlying assets less liabilities, allocated per shareThe company's balance sheet as at the valuation date
Other unquoted securitiesHigher of cost and prescribed open-market valueA merchant banker's or accountant's report
Bank accountAggregate of qualifying deposits into the account from the date it was opened to the valuation date, with prescribed adjustments — not the closing balanceFull account history from opening. This is usually the hardest document to get and the one people underestimate.
Bullion, jewellery, drawings, artistic workHigher of cost and open-market value on the valuation dateA registered valuer's report
Interest in a partnership, AOP or foreign entityPrescribed allocation of the entity's net assets to your interestThe entity's accounts and the partnership/operating agreement
The 20% band, and the trap inside it. Rule 5(2) provides that for assets other than bank accounts, a variance of up to 20% between your declared fair market value and the value the department later arrives at does not, by itself, invalidate the declaration for misrepresentation or false particulars. Bank accounts get no such protection. A bank account valued on the closing balance instead of aggregate qualifying deposits is both wrong and unprotected — which is why it is the single most dangerous line on a FAST-DS declaration.
Currency conversion — Rule 3. Rate: RBI reference rate on 31 March 2026 for permitted currencies (Rule 3); other currencies via USD. Enter the rate; this page does not look it up. verify — read from a reproduction of the Rules, not the Gazette

Sources

FAST-DS is six weeks old. Everything below was read off a published source in August–September 2026, and the two points where professional sources still disagree are flagged on the face of the result rather than resolved silently.