More than four crore income tax returns (ITRs) have been filed so far in the current financial year and about 7 per cent of these are new or first-time filers, CBDT chairperson Nitin Gupta said on Monday.
Gupta said direct tax collection, which includes personal income tax and corporate tax among others, has been registering strong growth, with the department having collected Rs 16.61 lakh crore during financial year 2022-23 which was 17.67 per cent higher than the preceding year.
This story is subscriber only!
Now subscribe at a special Republic Day offer of Rs 75/month.
Subscribe Now
Already a subscriber? Sign in