New Delhi, Oct. 27 -- The Income-Tax Department has analysed details received from multiple sources about people owning undeclared properties abroad and recently "nudged select taxpayers" who have invested in residential or commercial properties in the United Arab Emirates (UAE), people aware of the development said. This exercise is part of the central government's initiative, the Foreign Assets of Small Taxpayers - Disclosure Scheme, 2026 (FAST-DS), offering a one-time opportunity to disclose foreign assets and income hitherto undisclosed. The one-time voluntary disclosure scheme, launched on August 16, enables eligible taxpayers to declare certain undisclosed foreign assets, undisclosed foreign income, or undeclared foreign assets, upon ...