Number of income tax payers jumps 13.8% to 84.5 million

The number of income tax payers rose to 84.5 million in the 2018-19 assessment year, a jump of 13.8% from the previous year in line with double-digit growth in tax receipts and the number of returns filed, official data showed on Friday. Data also showed that since the roll-out of the goods and services tax (GST) in 2017, the share of income tax in the central government’s total tax receipts has also gone up.

Source : ICAI

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