PM Modi’s black money drive triggers steep rise in number of income tax returns filed

NEW DELHI: The number of people who filed tax returns surged by 95 lakh as the government turned the heat on black money with demonetisation and various other measures, two top government officials told ET.

The figure was in a presentation made before Prime Minister Narendra Modi as part of the revenue department’s review on Tuesday.

“There has been an addition of about 95 lakh new taxpayers,” said one of the officials aware of the details of the presentation.

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