New Delhi, July 16 -- The Central Board of Direct Taxes (CBDT) has introduced a new facility allowing taxpayers to view information about their foreign assets and income directly through the Annual Information Statement (AIS) on the Income Tax e-Filing portal, in a move aimed at making compliance easier rather than triggering scrutiny.

Sources in the Central Board of Direct Taxes (CBDT) told ANI that the data comes from more than 100 partner countries that share financial account details with India each year under international information-exchange agreements.

This can include foreign bank accounts, custodial holdings, investments, and related income such as interest and dividends. Currently, the AIS reflects data for calendar years 202...