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What is vsfcd?
VSFCD stands for Voluntary Self-disclosure of Foreign Currency and Assets.
Who is required to file vsfcd?
Any individual or entity who has foreign currency and assets exceeding a certain threshold is required to file VSFCD.
How to fill out vsfcd?
VSFCD can be filled out online through the relevant government website or submitted in person at designated centers.
What is the purpose of vsfcd?
The purpose of VSFCD is to provide individuals and entities with the opportunity to voluntarily disclose their foreign currency and assets to the government.
What information must be reported on vsfcd?
VSFCD requires the reporting of all foreign currency holdings and assets, as well as any income generated from these assets.
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