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News INCOME TAX

  • Jul 21, 2018
  • Income Tax to add 1.25 crore tax filers this fiscal

    The Central Board of Direct Taxes (CBDT) has set a target of adding 1.25 crore income tax return filers for the current fiscal. This was declared by the policy-making body for the income tax department (ITD) as part of its central action plan for 2018-19. The document said the department had added about 1.06 crore filers (persons who were not included in the filer base at the beginning of the year and had filed returns during the year) during the fiscal year 2017-18. According to the ITD website, 6.74 crore taxpayers filed returns in FY18.