Number of people filing I-T returns up 50%
The number of people filing income tax returns have increased 50% to 6.08 crore so far in the assessment year 2018-19 as compared to the year-ago period, a top official said today.
Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra also exuded confidence that the Revenue Department would achieve direct tax collection target of Rs 11.5 lakh crore for the current financial year ending March 31, 2019.
“Demonetisation has been very good for increasing the tax base of the country. So far this year (assessment year 2018-19), we have already got around 6.08 crore returns which is 50% higher than last year by this particular date.
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