Income Tax department launches campaign to help taxpayers report overseas income for AY 2024-25

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The story "Income Tax department launches campaign to help taxpayers report overseas income for AY 2024-25" was covered 7 hours ago by Times of India, a news publisher based in India.

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Times of India 7h ago

Income Tax department launches campaign to help taxpayers report overseas income for AY 2024-25 - Times of India

Quick Summary:

The Indian tax authorities have launched a campaign to remind taxpayers to disclose overseas income and assets in their tax returns.

Using data from international agreements, the authorities are reaching out to individuals who may have overlooked reporting requirements for foreign holdings.

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