Mumbai | The Directorate of Income Tax (Intelligence & Criminal Investigation), Mumbai, organised “Global Tax Transparency – 2026” at the BSE International Convention Hall, Mumbai, under the theme “Strengthening Compliance. Enabling Global Cooperation.” The conference was held in collaboration with leading financial-sector associations, including AMFI, APMI, BCCI, BSE, IBA, General Insurance Council and Life Insurance Council.

The conference was organised as an initiative of the Central Board of Direct Taxes (CBDT), under the inspiration and guidance of Shri Ravi Agrawal, Chairman, CBDT, with the objective of strengthening international tax transparency and promoting voluntary compliance.

Shri Debjyoti Das, Principal Director General of Income Tax (Intelligence & Criminal Investigation), New Delhi, graced the occasion and delivered an insightful and inspiring address. Drawing upon his vast experience in tax administration and investigation, he emphasised the growing importance of international cooperation, effective utilisation of financial information and strengthening compliance under FATCA and CRS. His address provided valuable strategic direction and motivation to financial institutions and departmental officers towards greater tax transparency and stronger compliance.

Dr. Santosh C. Mankoskar, Director of Income Tax (Intelligence & Criminal Investigation), Mumbai, welcomed the participants and addressed the gathering. He highlighted the importance of FATCA and CRS in the international exchange of financial-account information, the responsibility of financial institutions in ensuring accurate reporting, and the encouraging results of the Income Tax Department's NUDGE campaigns.

He informed that during the NUDGE campaigns of 2024 and 2025, taxpayers disclosed foreign assets worth approximately ₹1.29 lakh crore and foreign income of ₹7,630 crore, while more than 25,000 taxpayers filed revised returns.

The conference focused on FATCA and CRS reporting obligations, due diligence, data quality, compliance challenges and corrective measures. The Department also proposed regular webinars, nodal officers and a dedicated helpdesk to support financial institutions.

The key message of the conference was:

“KNOW IT. CHECK IT. REPORT IT RIGHT!”

The programme concluded with a renewed commitment to accurate reporting, stronger compliance and greater international tax transparency.

Directorate of Income Tax
(Intelligence & Criminal Investigation), Mumbai