Bhubaneswar (Odisha) [India], August 26 (ANI): The Odisha Government has decided to spend over Rs 1000 crore to upgrade the state-run Veer Surendra Sai University of Technology (VSSUT), Sambalpur into a centre of excellence for technology education.
New Delhi Mar 20 PTI The Income Tax department is working to improve the abysmally poor tax literacy in the country so that the number of tax paying people and entities can be increased leading to enhanced collections CBDT Chairman J B Mohapatra has saidHe said the direct tax establishment -- the government authority that primarily collects personal income tax and corporation tax among others -- will do everything possible to see that the effective number of taxpayers who can add to the revenue kitty are enhancedThere are a few things to be done here One is expanding the tax literacy which is abysmally poor across the country he told PTIBanking literacy has gathered steam and people know what is a bank and how to open an account Banks have invested in expanding the banking knowledge of the people That thing has not happened in income tax and that is on top of our mind he saidThe CBDT chief was asked about the steps being taken by the taxman to widen and deepen the tax base in the country given that the department recorded its highest-ever direct tax collections at over Rs 1363 lakh crore as on March 16 during the current financial yearHe said the I-T department recently on the intervention of Union Finance minister Nirmala Sitharaman concluded a fortnightly mulaqat event in the far off and remote areas of Jammu and Kashmir where the department met locals and told them about the department and its workThis kind of interaction with people in tier-II and tier-III cities in panchayats and blocks has to happen over a sustained period It cant happen in a year or so but we have do it over a period of time Mohapatra saidPeoples knowledge about the tax department what it stands for how does a taxpayer and a potential taxpayer help in national development and subsequently the taxpayer adds his share to the growth of the economy all that has to be culturally percolated to the taxpayers or the potential taxpayers and then things will dramatically change in the department Mohapatra saidHe added that the department will undertake outreach programmes and take help of various modes of mass communication and multimedia to take the work and idea of the department among the peopleQuoting latest data the CBDT chief said income tax return ITR filing numbers are roughly 7 lakh crore of which about 4 lakh crore are from the TDS tax deducted at source categoryThe taxpayers profile in India is that more than 92 per cent filers are in the 0-Rs 10 lakh gross total income bracket beyond Rs 10 lakh-Rs 50 lakh is 6-7 percent and from Rs 50 lakh to Rs 5 crore is 06-07 percent and beyond Rs 5 crore of gross total incomeit is around 28000-31000 filersSo our top is very narrow very small and the base is quite large Our aim is to get movement across these gradients he saidThe effective number of good tax payers who can add to the tax kitty is our aim and for that we will do everything possible he added Sitharaman had recently informed the Parliament that India had 822 crore taxpayers which included individuals and corporatesTotal number of taxpayers for AY assessment year 2020-21 is 82283407 The projected total population of the country as on March 1 2021 was 13630 crore she said The number of taxpayers includes people who pay income tax and corporate tax and who have either filed an ITR or in whose case tax has been deducted at source TDS PTI NES RHL RHL
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