34 C
Lucknow
Online Latest News Hindi News , Bollywood News

E-Returns Filed by the Individual Tax Payers

Uncategorized

New Delhi: There has been a growth in the number of e-Returns filed by the individual tax payers during the last four years.

  The number of income-tax returns filed and the annual growth rate during the last four financial years are as under:

Financial Number of Income Tax Returns Growth over
Year (including revised returns) filed previous year
by Individuals
2014-15 31,334,957 15.7%
2015-16 40,034,897 27.8%
2016-17 49,329,747 23.2%
2017-18 63,349,975 28.4%

 The average net tax liability in the e-Returns filed by individual taxpayers during the period under reference is Rs. 49,656/-.

This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in Lok Sabha today.

Related posts

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More