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The web direct tax assortment has elevated 23 per cent to Rs 7.04 lakh crore thus far this fiscal, the earnings tax division stated on Tuesday.
Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta stated the earnings and company tax collections have been at a document excessive of Rs 14.09 lakh crore in 2021-22.
“The momentum of the final fiscal continues on this fiscal with web direct tax assortment of Rs 7.04 lakh crore thus far, which is a progress of 23 per cent over the identical interval final fiscal,” Gupta stated.
On the Finance Minister’s Award ceremony for CBDT officers, Gupta stated the I-T e-filing portal has stabilised and it has facilitated 5.83 crore tax return submitting as of July 31. A document 72 lakh returns have been filed on the portal on a single day.
July 31 was the final date for submitting ITRs for salaried people for earnings earned within the 2021-22 fiscal.
Gupta stated I-T refunds value Rs 1.41 lakh crore have been issued thus far this fiscal, which is a rise of 83 per cent over the identical interval final 12 months.
The CBDT chief stated the division is utilizing expertise to extend tax assortment.
(Solely the headline and movie of this report might have been reworked by the Enterprise Normal workers; the remainder of the content material is auto-generated from a syndicated feed.)
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