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25,000 high-risk foreign asset cases under I-T radar
Financial Express Delhi
|November 28, 2025
FRESH DRIVE
INTENSIFYING ITS EFFORTS to curb tax evasion, the Central Board of Direct Taxes (CBDT) has launched the second phase of its 'NUDGE' initiative to strengthen voluntary compliance by taxpayers on foreign assets and income.
The exercise will begin with around 25,000 high-risk cases identified through Automatic Exchange of Information (AEOI) data for 2024-25.
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