Raipur, November 06
While Centre is still formulating plans to check the practice of tax evasion, the simplified procedure of e-return filing is gradually proving as boon with more number of taxpayers accruing to the list of responsible citizens. In last one year, India has witnessed 34 percent rise in e-return filing, a trend, which if prevails and permeates to all sections of society, can fetch huge amount of revenue in the Central exchequer.
According to e-return filing figures issued by Income Tax department a total of 27126345 (or 2.71 crore approximately) citizens had filed their annual returns till October 31, 2015. The e-return filing figures till October 31 last year was 20190297 (or 2.01 crore approximately).
Chhattisgarh has also witnessed marked rise in e-return filing trend. About 293260 citizens filed their annual returns this year till October 31 while the figures during same period in 2014 and 2013 were 203234 and 187616. In 2012, the figure till March was 232414.
The higher income grade people have also picked e-return filing trend and this year over 93000 citizens, with income of over Rs one crore annually, filed their returns. This figure is nearly 34000 more than the previous year.
Similarly, small earners too looked avid in filing e-returns. Among those falling within bracket of Rs 5 lakh income annually, over 2.01 crore filed their returns this year. The figure is 54.54 lakh more than last year. In Rs 5-20 lakh annual earning bracket, about 61.66 lakh have filed their returns, almost 12.50 lakh more than year 2014.
Among those earning Rs 20-50 lakh annually, about 5.90 lakh have filed returns this time. The figure of taxpayers in this grade is 144784 more than that of previous fiscal. Among Rs 50 lakh to Rs one crore annual income holders, 135277 filed returns while in the year 2014 the figure was 93102.
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