Govt targets adding 1.3 cr new income tax return filers this fiscal against 1.1 cr last year

The government has set a target of adding 1.3 crore income tax filers in the current financial year against 1.1 crore new filers last year, Parliament was informed on Monday

Press Trust of India July 23, 2019 13:55:10 IST
Govt targets adding 1.3 cr new income tax return filers this fiscal against 1.1 cr last year
  • There were 8.44 crore taxpayers in Assessment Year 2018-19

  • The Government has fixed a target of adding 1.3 crore new income tax return filers during the current financial year as against 1.1 crore new filer added during FY 2018-19, Minister of State for Finance Anurag Thakur said

  • For achieving this target, various measures are being taken

New Delhi: The government has set a target of adding 1.3 crore income tax filers in the current financial year against 1.1 crore new filers last year, Parliament was informed on Monday.

There were 8.44 crore taxpayers in Assessment Year 2018-19. This included persons who filed a return of income for Assessment Year 2018-19 as well as persons who did not file a return of income but in whose case tax has been deducted at source during Financial Year 2017-18.

Govt targets adding 13 cr new income tax return filers this fiscal against 11 cr last year

Representational image. Reuters.

"The Government has fixed a target of adding 1.3 crore new income tax return filers during the current financial year as against 1.1 crore new filer added during FY 2018-19," Minister of State for Finance Anurag Thakur said in a written reply to a question in the Lok Sabha.

For achieving this target, various measures are being taken including identification of potential non-filers through centralized Non-filer Monitoring System (NMS), formulation of region-specific strategies for identifying potential non-filers, issue of statutory notices to enforce compliance, simplification in income-tax returns and filing process to encourage voluntary filing, etc.

In a reply to a separate question, Thakur said 46,13,91,168 Permanent Account Numbers (PANs) have been allotted as on 30 July, 2019.

Further, there are around 30,618 PAN-TIN (Tax Identification Number) facilitation centres all over India.

Updated Date:

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