New Delhi, March 6 -- The Central Board of Direct Taxes (CBDT) "nudging campaign" has yielded significant results with 30,161 taxpayers declaring foreign assets worth over Rs 29,000 crore, government sources told ANI.
According to the sources, 24,678 taxpayers reviewed their ITRs and 5,483 taxpayers filed belated returns for AY 2024-25, declaring foreign assets worth Rs 29,208 crore and additional foreign income of Rs 1,089.88 crore.
Furthermore, 6,734 taxpayers revised their residential status from Resident to Non-Resident.
Overall, approximately 62 per cent of nudged taxpayers responded positively, voluntarily revising their ITRs to declare foreign assets and income.
The number of taxpayers disclosing foreign assets and income on a ...
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