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        <h1>CBDT Clarifies Unverified Media Reports on Income Disclosure Scheme 2016; Formal Statement Expected Post-September 30 Conclusion.</h1> The Central Board of Direct Taxes (CBDT) addressed unverified media reports about taxpayer responses to the Income Disclosure Scheme (IDS) 2016, clarifying that these reports are not based on official statements. Since the scheme's launch, the CBDT has addressed taxpayer concerns through public meetings and FAQs, promoting the scheme widely. Interest in the scheme is growing, with expectations of increased declarations as the deadline approaches. The CBDT has not disclosed details regarding the number of declarations or amounts to maintain confidentiality. A formal statement will be issued after the scheme concludes on September 30, 2016.

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