Over 30k taxpayers declare foreign assets, income of Rs 30,300 cr due to nudge campaign: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said more than 30,000 taxpayers have revised their I-T returns or filed belated returns and declared additional foreign assets and income of about Rs 30,300 crore. “We carried out a ‘nudge’ campaign in which we nudged taxpayers to voluntarily disclose their Foreign Income and Assets. SMS and E-mails were sent to around 19,501 select taxpayers, asking them to review their Income Tax Returns filed for the 2024-25 based on information available to Income Tax of foreign deposits etc,” she said in reply to Finance Bill 2025 in the Lok Sabha.
