Taxpayers Base And Income Tax Returns Rising: Direct Taxes Board Chair
The number of income tax returns has increased in FY22 over the previous fiscal,Central Board of Direct Taxes Chairman Sangeeta Singh said on Saturday.
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The number of income tax returns has increased in FY22 over the previous fiscal,Central Board of Direct Taxes Chairman Sangeeta Singh said on Saturday.
Number of Income Tax Returns, taxpayers increasing in 2022: CBDT Chairman
PANAJI, June 11: The number of Income Tax returns has increased in FY22 over the previous fiscal, Central Board of Direct Taxes Chairman Sangeeta Singh said on Saturday. Talking to PTI, Singh said the number of income tax returns last fiscal was 7.14 crore against 6.9 crore in the preceding financial year, showing a clear growth. “There is an increase in the base of taxpayers and the filing of revised returns,” she added. The Board is witnessing an increase in […]
The Board is witnessing an increase in tax collection, which usually happens if the country is showing an upward trend in economic growth, the chairman said, adding that "if the economic activities are going high, the purchases and sales will also increase".