PANAJI, June 11: The number of Income Tax returns has increased in FY22 over the previous fiscal, Central Board of Direct Taxes chairman Sangeeta Singh said today.
Talking to PTI, Singh said the number of income tax returns last fiscal was 7.14 crore against 6.9 crore in the preceding financial year, showing a clear growth.
“There is an increase in the base of taxpayers and the filing of revised returns,” she added.
For FY22, the tax collection is more than Rs 14 lakh crore, which is fairly good compared to the collection for FY20, as per the chairman.
She said that the outreach programmes are organised by CBDT through Principal Chief Commissioners, making people aware of the payment of taxes.
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 said. (PTI)
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