Indian Economy News

MP, Chhattisgarh add 6.82 lakh new taxpayers since note-ban

  • PTI
  • March 13, 2019

Indore: The number of income taxpayers has crossed 20 lakh in Madhya Pradesh and Chhattisgarh so far this fiscal year, an official said Tuesday.

The growth has been perceptible since the demonetisation and GST, and the number of new taxpayers added between then and now has risen by 6.82 lakh in MP and CG, income tax principal chief commissioner for MP & CG, Ajay Kumar Chauhan told reporters here.

Due to this, the number of taxpayers in the two states has swelled over 20 lakh, he added.

"The target is to realise Rs 27,431 crore from these two states this fiscal. We have so far collected Rs 17,928 crore in income tax," he added.

Chauhan said department has found irregularities in sale and purchase of 870 immovable properties in MP and CG and notices have been issued in these cases for tax collection.

He said more than 100 properties have been temporarily attached under the Benami Transactions (Prohibition) Amendment Act, 2016 in these states.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.