Ministry of Finance
E-Returns Filed by the Individual Tax Payers
Posted On:
14 DEC 2018 6:15PM by PIB Delhi
There has been a growth in the number of e-Returns filed by the individual tax payers 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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DSM/RM/KA
(Release ID: 1556005)
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