Demonetisation of Rs 500 and Rs 1000 Notes on Nov 08,2016 - 33 lakh taxpayers added to tax net post demonetisation

As many as 33 lakh new taxpayers have been added to the tax net post demonetisation, parliament was informed on Tuesday August 01,2017

However the number of taxpayers added is less than the number of taxpayers added between the financial years 2014-15 and 2015-16, when 40 lakh extra returns were filed, the government data showed.

“The number of income taxpayers has increased after demonetisation. During the period of November 9, 2016 to March 31, 2017, 1.96 crore returns were filed as compared to 1.63 crore returns filed during corresponding period of FY 2015-16 and 1.23 crore returns filed during corresponding period of FY 2014-15,” minister of state for finance Santosh Gangwar told Rajya Sabha in a written reply.