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Govt sets target of adding 1.3 crore new income tax filers in FY20
Jul-23-2019

With an aim to widen the tax base in the country, the government has fixed a target of adding 1.3 crore new income tax return filers during the current financial year (FY20) as against 1.1 crore new filer added during FY 2018-19.

For achieving this target, various measures are being taken including identification of potential non-filers through centralized Non-filer Monitoring System (NMS), formulation of region-specific strategies for identifying potential non-filers, issue of statutory notices to enforce compliance, simplification in income-tax returns and filing process to encourage voluntary filing, etc.

In Assessment Year 2018-19, there were 8.44 crore taxpayers. This included persons who filed a return of income for Assessment Year 2018-19 as well as persons who did not file a return of income but in whose case tax has been deducted at source during Financial Year 2017-18.

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