Authored by: Purnachandra Toonn | Samayam Telugu – December 1, 2025, 10:25 am. India’s income tax department has initiated the NUDGE 2.0 Campaign to address discrepancies in income reporting originating from foreign assets and earnings. Taxpayers failing to report accurately risk penalties. The campaign begins sending notices for tax payments on November 28. Taxpayers have the opportunity to file revised returns to rectify errors.
In a recent campaign, approximately 24,678 taxpayers who failed to disclose income from foreign assets were identified. The total undisclosed income from foreign sources amounted to approximately INR 29,208 crores, with foreign earnings contributing around INR 1,089.88 crores. Failure to report foreign income correctly could result in penalties up to 120% of the tax due, leading to analysts considering severe actions including jail time.
With the goal of encouraging accurate income reporting, the CBDT launched the NUDGE campaign, focusing on taxpayers in foreign countries. Taxpayers must heed the notices sent via SMS and emails to ensure timely rectification of their returns. The main aim remains to promote transparency and compliance amongst taxpayers.
The initiative hopes to prevent tax evasion and penalize incorrect reporting effectively. The implications of the NUDGE 2.0 Campaign serve as a warning for taxpayers to ensure accurate reporting to avoid severe consequences. Government penalties and strict actions loom for those not abiding by tax laws.
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