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Second NUDGE Initiative
December 1 , 2025
15 hrs 0 min
5
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- The Central Board of Direct Taxes (CBDT) launched the 2nd NUDGE (Non-intrusive Usage of Data to Guide and Enable) initiative.
- It aims to improve voluntary reporting of foreign assets.
- High-risk cases were identified using Automatic Exchange of Information (AEOI) data for FY 2024–25, where foreign assets were not reported in ITRs for AY 2025–26.
- The initiative promotes accurate disclosure in Schedule Foreign Assets (FA) and Foreign Source Income (FSI) under the Income-tax Act, 1961 and the Black Money Act, 2015.
- The first NUDGE campaign (November 2024) resulted in 24,678 taxpayers disclosing ₹29,208 crore of foreign assets and ₹1,089.88 crore of foreign-source income.
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