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I-T Dept receives Rs 2 cr returns in July

PTI

New Delhi

The Income Tax Department has received 2.06 crore returns, up 26.12 per cent, on its e-filing portal as of September 7, the last day for filing the returns by individuals.

"The department has received 2.06 crore returns on the e-filing portal as on September7, 2015 which is an increase of 26.12 per cent (over last year), when 1.63 crore returns were e-filed," the Finance Ministry said in a statement.

Central Processing Centre (CPC) as on September 7 has processed 45.18 lakh returns and issued refunds to 22.14 lakh payers relating to assessment year 2015-16, it added.

The department through its portal has electronically verified over 32.95 lakh e-returns.

The new e-filing system, enabled in August, allows online verification of a person's Income Tax Returns (ITR) by using either Aadhaar number, internet banking, ATM or email, thereby ending the practice of sending paper acknowledgement to its office in Bengaluru.

The peak filing rate touched 3,475 returns per minute as compared to 2,901 returns per minute in 2014.

The statement further said that the Income Tax Department remains committed to improving taxpayer services through enhanced use and further improvement in technologies.

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GIM attracts Rs 2lk cr in TN

The Goan Network
Published Sep 10, 2015, 12:00 AM IST
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PTINew DelhiTamil Nadu Chief Minister Jayalalithaa on Thursday said investments proposals worth over Rs 2 lakh crore have been inked in various sectors including manufacturing and energy during the two-day Global Investors Meet (GIM).Addressing the valedictory function of the event, Jayalalithaa said total investments finalised in the meet stood at "an unprecedented, Rs 2,42,160 crore which is more than double of the target of Rs one lakh crore."Addressing thousands of…

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