Tax dept launches fresh campaign to nudge those with overseas assets to come clean
The income tax department has launched a fresh campaign targeting around 25,000 high-risk cases with undeclared overseas assets or income. This initiative, following a successful similar move last year, urges taxpayers to review and revise their returns by December 31 to avoid penalties under the Black Money Act.
The income tax department has launched a fresh campaign targeting around 25,000 high-risk cases with undeclared overseas assets or income. This initiative, following a successful similar move last year, urges taxpayers to review and revise their returns by December 31 to avoid penalties under the Black Money Act.
