India, Nov. 27 -- The Central Board of Direct Taxes (CBDT) strategy of soft warnings backed by hard data is delivering decisive results.

Its first NUDGE campaign has compelled taxpayers to disclose foreign assets worth Rs 29,208 crore and foreign income of Rs 1,089.88 crore, after thousands rushed to revise their returns following targeted alerts.

Launched on 17 November 2024, the Non-intrusive Usage of Data to Guide and Enable (NUDGE) campaign focused on taxpayers flagged under global data-sharing frameworks for failing to report foreign assets in their income tax returns.

The impact was swift, with 24,678 taxpayers revisiting their filings, including several who corrected disclosures even without receiving direct notices.

Encouraged...