Indiaherald Group of Publishers P LIMITED

X
close save
crop image
x
TM
Wed, Mar 20, 2019 | Last Updated 4:50 pm IST

Menu &Sections

Search

Tax Return Filling for 2018 grown 50%

Tax Return Filling for 2018 grown 50%
Tax Return Filling for 2018 grown 50%
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

Accordingly CBDT Chairman Sushil Chandra said over six crore income-tax returns have already been filed this year for the assessment year 2018-19 showing an increase of 50%t over the last year. Furthermore attributing this surge in returns to demonetization, he said the Income Tax Department had so far received 6.08 crore income tax returns this year. 



Meanwhile he said the corporate tax returns had also seen an increase to 8 lakh from 7 lakh filed last year till this date. The Central Board of Direct Taxes (CBDT) Chairman said on the sidelines of CII's international tax conference here. Chandra also expressed confidence that the government would meet the Rs 11.5 lakh crore direct tax collection target that "This is the demonetization effect... It has led to increase in the tax base of the country”.


Tax Return Filling for 2018 grown 50%

Moreover he said "We have already got around 6.08 crore income tax returns this year which is 50% higher than returns filed till this date last year”.


Tax Return Filling for 2018 grown 50%
5/ 5 - (1 votes)
Add To Favourite
More from author
Bhimavaram & Gajuwaka best bets for Pawan Kalyan by partys General Body
RTO attacked by actor's friend!
Goa gets a new head!
PM Modi likely to interact with Public about 'Main Bhi Chowkidar' by March 31
Will Goa CM Pramod Sawant win Floor test by Wednesday?
Key accused in Pollachi sexual abuse Case sent to judicial remand
Flash floods & Mud slides increased death toll in Indonesia
Telangana Govt signed MoU with Ola Cabs for Commuters safety
Will DMK fulfill its promises as per its Manifesto for Elections 2019?
RK Roja accused Chandrababu Naidu for acting as Mastermind in YS Vivekananda Reddy's death
History Maker: Iniyavan - Inventor of 2000 types of Idlis
Sumalatha will contest as an independent from Mandya
Goa's new CM be BJP's Pramod Sawant
Kamal Hassan announces candidates list by March 20
KCR in mindset to start National Party after Polls
Jagan demands CBI probe!
BJP active on Chowkidar campaign!
Datachor and Vennupottu CBN trending!
Two Indians among dead in NZ!
MK Stalin commences campaigning from Thiruvarur constituency by March 20
Why industrialist quit from Kamal Hassan's MNM Party?
Manohar Parrikar was an unparalleled leader: Narendra Modi
Is there a clash between DMK & AIADMK in 8 Lok Sabha seats sharing?
Will Trump make arrangements for reopening General Motors?
Chennai School restricts parents not to order food through Swiggy & Uber Eats
Did YS Vivekananda Reddy's family members or friends kill him?
Anil Agarwal History Maker- Founder of Sterlite Industries & Vedanta Resources
Employee earns 20 years salary in a day!
CBI retrieving deleted scandal videos!
Ravi Shastri on issues between Kohli and Dhoni!
Pawan's Lalitha jewelry reference!
106 years old Saalumarada Thimmakka blessed President receiving Padma Shri Awards
Final candidates list of Lok Sabha Polls for TRS Party
Trading Community planning a protest shut down in Pollachi sexual abuse Case
Why Edappadi spoke to Captain Vijayakanth?
Modi, Amit Shah & many BJP leaders changed name in Twitter
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.