The Central Board of Direct Taxes (CBDT) has recently been sending text messages and emails to taxpayers.
Through these messages, the Income Tax Department is advising people to revise their Income Tax Return (ITR) by December 31 if they have not disclosed their foreign income or overseas assets for the previous financial year.
This move is seen as a warning to taxpayers who have not reported such income or assets in their returns.
To encourage proper disclosure, the CBDT is running a campaign called NUDGE (Non-Intrusive Use of Data to Guide and Enable). Under this campaign, taxpayers are being guided to correctly report their foreign income and assets.
Information Must Be Updated Before December 31
According to a report by Financial Express, this is the second round of the NUDGE campaign. Since November 28, 2025, the CBDT has been sending SMS and emails advising taxpayers to review and revise their ITR before December 31, 2025, to avoid penalties.
Earlier, the first NUDGE campaign was launched on November 17, 2024, and during that phase, 24,678 taxpayers revised their returns for AY 2024–25.
The campaign helped detect foreign assets worth ₹29,208 crore and income from foreign sources worth ₹1,089.88 crore.
Income Tax Department Can Track Foreign Assets
The CBDT has identified many high-risk cases for AY 2025–26 where taxpayers have foreign assets but have not disclosed them in their ITR.
Although the exact number of such cases has not been shared, the rules clearly require taxpayers to report all foreign income and foreign assets in their tax returns.
It is also important to note that the Income Tax Department in India has a strong system to track investments made by taxpayers in foreign countries, including the United States.
