Foreign Assets News - Latest Updates & Headlines
Special drive led to declaration of foreign assets, income of Rs 30,300 crore: FM Sitharaman
New Delhi, March 26: Union Finance Minister Nirmala Sitharaman said that a special campaign carried out by the Income Tax Department has led to the declaration of foreign assets and income to the tune of Rs 30, 300 crore after over 30,000 taxpayers revised their income tax returns or filed belated returns for 2024-25.
Taxpayers disclose foreign assets worth Rs 29,000cr, foreign income of Rs 1,089cr
New Delhi, March 6: As many as 30,161 Indian citizens have declared foreign assets exceeding Rs 29,000 crores and foreign income of Rs 1,089.88 crore for the Assessment Year (AY) 2024-25, following a special campaign launched by the Central Board of Direct Taxes (CBDT), official sources told IANS on Thursday.
CBDT's trust first approach yields significant result, 30,161 taxpayers declare foreign assets worth more than Rs 29,000 crore
By Shailesh Yadav, New Delhi, 6 March: 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.