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Provisional Direct Tax Collections and Number of Income Tax Returns filed for F.Y. 2017-2018

News and Press Release - Dated:- 2-4-2018 - The provisional figures of Direct Tax collections for FY 2017-18 show that net collections are at ₹ 9.95 lakh crore which is 17.1% higher than the net collections for FY 2016-17. The net Direct Tax co .....

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#8377; 11.44 lakh crore. Refunds amounting to ₹ 1.49 lakh crore have been issued during 2017-18. The growth rate for net collections for Corporate Income Tax (CIT) is 17.1% and for Personal Income Tax (including STT) is 18.9%. However, it is re .....

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re ITRs filed during FY 2016-17, showing a growth of 26%. There has been a sustained increase in the number of ITRs filed in the last four financial years. As compared to 3.79 crore ITRs filed in F.Y. 2013-14, the number of ITRs filed during F.Y. 201 .....

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