Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
October 23, Monday 2017 2:34 AM       

       HEADLINES: Sangh Parivar will divide India using Taj Mahal as weapon: Thomas Isaac                                              Notice sent to Dileep seeking explanation on security agency                                              Lake encroachment: Collector’s report is against Thomas Chandy                                              Expel Thomas Chandy from cabinet, says Chennithala                                              I’ve not seen the report, says Revenue Minister                                              Zakir Naik to be chargesheeted by NIA                                              Opp. parties have no 'authority' to question EC: Modi                                              Modi Govt. is 'a government of excuses': Congress                                              Rajini says 'Mersal' has addressed important issue                                              Anti-terror squad kills eight suspects in Karachi                                              Zardari accuses Sharif brothers of planning his murder twice                                              Swaraj meets B'desh PM discusses Rohingya crisis                                              Third gold for Anumol                                              School sports meet: Thangjam Singh strikes triple                                              Kohli smashes 31st ODI ton, surpasses Ponting's record                                              Srikanth blows away Lee to win Denmark Open                                              Kaumudi Facebook
       BUSINESS Next Article: Sensex firms up 61 points on fund inflows  
       CBDT highlights 25 per cent surge in filing of IT returns
 
         Posted on :20:04:46 Aug 7, 2017
   
A A
       Last edited on:20:04:46 Aug 7, 2017
         Tags: CBDT highlights 25 per cent surge in filing o
 

NEW DELHI: The Central Board of Direct Taxes (CBDT) on Monday highlighted a 25 percent increase in the number of Income Tax Returns (ITRs) filed in the current fiscal, on the backdrop of economic reform, including demonetisation and the Income Tax Department's (ITD) Operation Clean Money.

As on August 5, CBDT noted that the number of IT returns filed is capped at 2, 82, 92, 955, as against 2, 26, 97, 843 filed during the corresponding period of the previous financial year, thus registering an increase of 24.7 percent compared to a growth rate of 9.9 percent in the previous year.

Additionally, the growth in returns filed by individuals is 25.3 percent, with 2, 79,39,083 returns received as on August 5.

However, last year, 2,22,92,864 returns were filed depicting a substantial increase in the number of new tax payers, which have been brought into the tax net subsequent to demonetisation.

The chamber also noted a 41.79 percent increase in the advance tax collections of Personal Income Tax, as on August 05. Personal Income Tax under Self Assessment Tax (SAT) grew at 34.25 percent over the corresponding period in financial year ending March 31, 2017, thus signifying positive outcome from the measures taken to curb tax evasion and circulation of black money.

A A
       BUSINESS
Next Article: Sensex firms up 61 points on fund inflows
 
 
BUSINESS HEADLINES
Some rejig in GST rate structure required: Adhia  
Essar completes construction of Ro-Ro terminals in Gujarat  
Now, Air India looks for Rs 1,500 crore short term loans  
Govt incentivises online purchase, payment of Gold Bonds  
Modi praises IFFCO's efforts in farmers upliftment  
UAE Exchange India won Indcom Award 2017 for Best Digital Media Campaign  
Bajaj Finserv slashes personal loan interest rate to 11.99%  
AI looks for Rs. 1,500 crore short term loans  
Paytm reports Mega-Dhanteras sale  
Reliance Jio hikes 84-day plan to Rs. 459  
US dollar ends higher against rupee  
Gold worth inr 120cr transacted within 6 months: Paytm  
Commodities worth over Rs 120 cr procured at MSP in R'sthan  
Nifty hits fresh high; Sensex slips from record  
Sensex, Nifty retreats from record on profit booking  
Reliance Retail to be biggest threat to Amazon, Flipkart: Pai  
India undergoing 'exciting digital transformation: IMF  
Sensex hits new peak of 32,687.32; Nifty at 10,242.45 pts  
Digital India to contribute 30pct to India's GDP by 2025  
Bring real estate under GST: Sisodia writes to Jaitley  
IMF favors three structural reforms in India  
India must go for pollution-free methanol as fuel: Gadkari  
Indian Railways to start cheaper, faster Rajdhani between Delhi-Mumbai  
Help young entrepreneurs to set up startups: AP IT Minister Lokesh to officials  
Madhya Pradesh slashes VAT on petrol by 3%, diesel by 5%  
 
Should Kummanam apologise to Kerala as remarked by the CM?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy