Close Menu
Own News WireOwn News Wire
    What's Hot

    Selena Gomez’s mental health startup Wondermind isn’t paying employees? THIS is what her mother Mandy Teefey says…

    TS EAMCET Result 2025: Telangana TS EAPCET scorecard to be OUT today at 11 AM; steps to check at eapcet.tgche.ac.in

    TS EAMCET Result 2025 LIVE: Visit eapcet.tgche.ac.in to check Telangana EAPCET rank card at 11 AM; steps to check here

    Facebook X (Twitter) Instagram
    Own News WireOwn News Wire
    • Home
    • About
    • Contact
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Sports
    • Technology
    • Education
    • Money
    • Companies
    • Entertainment
    Subscribe
    Own News WireOwn News Wire
    You are at:Home » Over 4.68 lakh taxpayers file ITR for income over ₹1 crore till Feb 28, shows latest data
    Money

    Over 4.68 lakh taxpayers file ITR for income over ₹1 crore till Feb 28, shows latest data

    ONS EditorBy ONS EditorMarch 17, 2025No Comments2 Mins Read0 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    The latest data released by the income tax department shows that over 9.11 crore registered users have filed their income tax returns (ITR) for FY 2024-25 until Feb 28, 2025. This figure is quite significant given that the total number of registered users stands at 13.96 crore, which means over 65 percent of registered users have filed their income tax returns for the current year.

    Out of this figure, total number of e-verified tax returns upto Feb 28, 2025 stand at 8.56 crore, the data further shows.

    The income tax department has issued a refund upto Feb 28, 2025 during FY 2024-25 which stands at ₹3.92 lakh crore. Notably, over 40 percent of users have filed returns using the utility provided by the tax department.

    Over ₹1 crore

    Out of these taxpayers, those whose income is between ₹1-5 crore is a whopping 3.89 lakh, while those with income between ₹1-5 crore are over 36,274, reveals the income tax department’s (ITD) data till Feb 28, 2025.

    The same figure in Delhi was 44.45 lakh and in Andhra Pradesh, it was 30.76 lakh while Punjab had 43.79 lakh tax filers. From states outside India, the number stood at 87,501.

    Growth in filing

    There has been considerable growth in tax filing vis-à-vis last year across income tax forms. For ITR-1, there was 0.11 percent growth, for ITR-2, the reported growth was 33.89 percent; for ITR-3, there was 15.50 percent growth.

    For ITR-6, the growth is 5.59 percent and for ITR-5, there has been 6.46 percent growth in 2024-25 over previous year.

    Visit here for all personal finance updates



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleIndian Railways in sound financial health, says minister Vaishnaw
    Next Article With Ibrahim Ali Khan and Khushi Kapoor being heavily trolled for ‘Nadaaniyan’; are people more harsh to star-kids? Or is there a serious problem? Industry insiders weigh in | Hindi Movie News
    ONS Editor

    Related Posts

    The Royals on Netflix: Money lessons hidden behind diamond tantrums and supercars

    May 10, 2025

    Mother’s Day 2025: Why health insurance is the ultimate gift for moms’ well-being

    May 10, 2025

    Sebi warns unregistered investment adviser; here’s why investors should seek advice only from RIAs – an explainer

    May 9, 2025

    Comments are closed.

    Editors Picks
    Latest Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 ThemeSphere. Designed by ThemeSphere.
    • Home
    • About
    • Contact
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version