The Central Board of Direct Taxes (CBDT) chairman Sangeetha Singh has said that the number of income tax returns has showed a clear growth in financial year (FY) 22. As income tax returns last fiscal was 7.14 crore against 6.9 crore in the preceding FY.
“The Board is witnessing an increase in tax collection. There is an increase in the base of taxpayers and the filing of revised returns, the department is also seeing growth in the payment of taxes because of the initiative providing information to the taxpayers.The outreach programmes are organised by CBDT through Principal Chief Commissioners, making people aware of the payment of taxes.
Further, “We have also undertaken large-scale digitalisation over the years,” she said. Initiatives like Updated Returns is also fetching good response. “Once you pay the return, and if we get additional information, then we ask you whether you have covered it, you can file the updated return,” Singh added.
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