Direct tax collections have been increased from Rs 6.38 lakh crore in 2013-14 to almost Rs 12 lakh crore, Piyush Goyal said in the Budget presentation. He also said that the tax base is up from Rs 3.79 crore to 6.85 crore.
Goyal also said that the government has improved technology to improve the income tax department.
“Within the next two years almost all verification and assessment of returns will be done electronically,” he announced.
“18 percent increase in direct tax collections in 2017-18, 1.06 crore people included in the tax base. Also, more than 1 crore people have filed IT returns for the first time, after demonetization,” Goyal added.