New Delhi, Sept. 28 -- The Foreign Assets of Small Taxpayers Disclosure Scheme (FAST-DS), 2026, gives eligible taxpayers a one-time opportunity to come forward and disclose certain foreign assets or foreign income that were not disclosed earlier in the ITR.

The scheme came into effect on 16 August 2026 and will remain open for declarations until 31 December 2026.

Taxpayers who make a valid disclosure under FAST-DS have to pay the prescribed tax or fee on the amount determined by the Income-tax Authority. For this payment, the Income-tax Department has prescribed a separate challan-ITNS 289.

Here is what the challan is, who can use it, and how to make the payment.

ITNS 289 is the challan used to pay the amount payable under FAST-DS aft...