Income tax dept's drive leads to Rs 29,208 crore foreign assets disclosure

  • Posted on March 6, 2025
  • By Business News Today
  • 5 Views
Income tax dept's drive leads to Rs 29,208 crore foreign assets disclosure

A nationwide drive by India's income tax department has resulted in taxpayers disclosing foreign assets worth ₹29,208 crore. Launched in November 2024, the campaign encouraged 30,161 taxpayers to declare their overseas holdings, with significant amendments in income tax returns observed.
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