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13 Million New Taxpayers to be Brought Under IT Ambit in FY20, Says Govt

July 25, 2019

13 Million New Taxpayers to be Brought Under IT Ambit in FY20, Says Govt

This Monday, the parliament was informed by the government that a target of adding 1.3 crore new income tax filers has been set up for the financial year 2019-20.

Minister of State for Finance Anurag Thakur said that there were 8.44 crore taxpayers in the assessment year 2019-20 which include those who filed ITR and those who didn’t file the same but for them, TDS was deducted during the financial year 2017-18.

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