Search
Demonetization Effect: IT Returns Filed in Apr-Nov Increase by 50%
December 06, 2018
Chairman of the Central Board of Direct Taxes (CBDT) Sushil Chandra said that the number of Income Tax (IT) returns filed during Apr-Nov this financial year increased 50% on a year-over-year basis because of demonetization. He said that the total number of ITRs filed stood at 60.8 million and that the government has collected 48% of the target amount in direct taxes already. He said the direct tax collection is expected to be 14.5% higher than last year.
Chandra said that apart from demonetization, measures like stringent guidelines for ITR including penalties for late payments also helped in widening and deepening the tax base.
Photo on VisualHunt
Important Links:
- MBA from ARU, Anglia Ruskin University (UK): https://new.ask.careers/courses/mba-from-uk-university/
- Post Graduate Diploma in Banking & Finance: https://new.ask.careers/courses/post-graduate-diploma-in-banking-finance/
- 4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI): https://new.ask.careers/courses/professional-diploma-in-banking-management/
- Ahmedabad: https://new.ask.careers/cities/ahmedabad/
- Mumbai: https://new.ask.careers/cities/mumbai/
- TSCFM: https://new.ask.careers/institutes/tscfm/
Courses
-
testssd
-
testssd
-
testssd
-
testssd
-
testssd
-
Sage Foundation - Professional Diploma in Banking
-
Banking course + Job
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
3-in-1-management-program
-
MBA from HSNC University (Mumbai, India)
-
BBA from UK University
-
MBA for Executives
-
Certificate in Business English
-
Professional Diploma in Photography
-
Professional Diploma in Real Estate Management
-
Professional Diploma in Digital Marketing
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
Post Graduate Diploma in Integrated Marketing, Advertising & Communication
-
Post Graduate Diploma in Digital Marketing
-
Post Graduate Diploma in Banking & Finance
-
MBA from ARU, Anglia Ruskin University (UK)
