If you've got foreign shares or any foreign assets, you need to declare them in your Income Tax Return (ITR) in India for AY 2026-2027 (FY 2025-2027). The ITR filing deadline for students, salaried employees, pensioners and others who don't need a tax audit is July 31, 2026. For Tax Year 2026-2027, the ITR filing due date is July 31, 2027.
Just a heads up, even if you are not making any money from your foreign assets, you still have to report them in your ITR. The tricky part is figuring out the exchange rate since these assets are in foreign currency and you need to convert them to INR for the Indian ITR. The answer is to use SBI's TTBR rate that you can find online.
