(a) whether the number of Income Tax payers has increased in the country after demonetisation; and
(b) if so, the details of the tax payers during the last three years?
(a) whether the number of Income Tax payers has increased in the country after demonetisation; and
(b) if so, the details of the tax payers during the last three years?
MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI SANTOSH KUMAR GANGWAR)
(a) Yes Madam. The number of income tax payers has increased after demonetization. During the period of 09.11.2016 to 31.03.2017, 1.96 crore returns were filed as compared to 1.63 crore returns filed during corresponding period of FY 2015-16. Moreover, during FY 2016-17, 1.26 crore new taxpayers were added to the tax-base as compared to 1.0 crore new taxpayers added during FY 2015-16.
(b) The size of tax-base of income-tax for last three financial years as on 30.06.2017 is as under:
Financial Year Tax-base at the end of the financial year
2014-15 6.91 crore
2015-16 7.46 crore
2016-17 8.26 crore