Cbdt On New Tax Payers

91 Lakh New Taxpayers In Full Year, Not After Notes Ban: Finance Ministry

In response to the question on the impact of demonetization, Union Minister Arun Jaitley last week cited a jump in the number of new taxpayers. The figure quoted -- 91 lakh - was widely reported by the media as a jump since Prime Minister Narendra Modi announced the notes ban on November 8. The finance ministry has now clarified that the figure was...