There has been a growth in the number of e-Returns filed by the individual taxpayers during the last four years.
The number of income-tax returns filed and the annual growth rate during the last four financial years are as under:
|
Financial |
Number of Income Tax Returns |
Growth over |
|
Year |
(including revised returns) filed |
previous year |
|
by Individuals |
||
|
2014-15 |
31,334,957 |
15.7% |
|
2015-16 |
40,034,897 |
27.8% |
|
2016-17 |
49,329,747 |
23.2% |
|
2017-18 |
63,349,975 |
28.4% |
The average net tax liability in the e-Returns filed by individual taxpayers during the period under reference is Rs. 49,656/-.
This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in Lok Sabha today.
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