<h1>Foreign assets compliance: CBDT issues SMS/email nudges urging taxpayers to review and revise ITRs to report foreign assets.</h1> The tax authority is issuing automated SMS and email notices to taxpayers identified via international information exchanges as holding foreign financial assets not reported in their ITRs, advising them to review and revise returns to ensure accurate reporting in Schedule FA and Schedule FSI by a specified deadline to avoid penal consequences; the campaign uses advanced data analytics to target high risk cases and promote voluntary, non intrusive compliance.