Foreign income not in your ITR? Expect a sharp NUDGE from the taxman before December 31

The campaign, formally known as “Non-intrusive Usage of Data to Guide and Enable (NUDGE)”, uses foreign financial information ...
Tax Guru

Understanding Demand Management Facilitation Centre (DFC) of Income Tax Department

In recent months, many taxpayers have been receiving emails from the Demand Management Facilitation Centre (DFC) of the Income Tax Department—yet a large number of people are still unclear about what ...

I-T flags 25,000 ITRs with foreign-asset gaps: here's what happens next

PTI reported that the department has categorised these individuals as high-risk based on information received under the ...

Income Tax Dept To Alert 25,000 Taxpayers Over Foreign Assets — Are You On The List?

The Finance Ministry has revealed that advanced data analytics applied to AEOI (Automatic Exchange of Information) records ...

CBDT's new 'nudge' on foreign assets: Why taxpayers should pay attention

International agreement on data sharing allows government to flag overseas assets missing from tax returns filed ...

I-T Dept to nudge taxpayers to come clean on foreign wealth; ₹30,000 crore disclosed in previous drive

The income tax department will launch a campaign to encourage 25,000 high-risk assessees to declare their foreign income and ...
Accounting TodayOpinion

Prepare for a Pandora's Box of tax transparency in 2026

How can tax leaders "open the lid" enough to deliver the right transparency and accountability, without unleashing unmanaged ...
The Financial Express

I-T targets 25,000 high-risk foreign asset cases in fresh drive

The move, which follows the disclosure of over ₹29,000 crore in the first phase, aims to boost compliance before severe ...
CNBCTV18

IT Dept to target 25,000 high-risk cases as CBDT launches 2nd NUDGE initiative on foreign assets

The move comes as the Central Board of Direct Taxes (CBDT) on Thursday formally launched the second NUDGE initiative, ...

CBDT flags 25,000 high-risk foreign asset cases; second ‘nudge’ campaign begins

SMS and email advisories to be sent from November 28 as CBDT strengthens voluntary compliance with foreign asset disclosure rules ...