1.4 lakh crore taxpayers declare income above 1 crore

Last updated: 23 October 2018

CBDT releases Direct Tax Statistics Constant growth indirect tax-GDP ratio over last three years Growth of more than 80% in the number of returns filed in the last four financial years Number of persons filing return of income has also increased by about 65% during this period from 3.31 crore in FY 2013-14 to 5.44 crore in FY 2017-18 Continuing the practice of placing key statistics relating to direct tax collections and administration in public domain, the Central Board of Direct Taxe
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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