75 lakh new tax filers added to I-T net this fiscal
New Delhi: About 75 lakh new tax filers have been added to the income tax payers list in the country this fiscal till now, a senior official said.
The target for the taxman is to add 1.25 crore new tax filers by the end of the 2018-19 financial year that ends in March next year, as per a directive of the Central Board of Direct Taxes (CBDT).
The CBDT frames the policy for the Income Tax Department (ITD).
"About 75 lakh new tax fliers have been added to the income tax list till now in this fiscal. Many policies and enforcement measures are undertaken to check tax evasion are the reasons that can be attributed for achieving these numbers.
"The department is hopeful that it will achieve the target of adding 1.25 crore tax filers as there are still few months left for the 2018-19 financial year to close," the official said.
The department, last fiscal, had added 1.06 crore new tax filers to the income tax net during the 2017-18 financial year.