The Central Board of Direct Taxes (CBDT) has said the people who are earning four lakh rupees in small cities and not paying taxes are on the radar of the Income Tax department. In an Interview to a news agency, Chairperson of CBDT Anita Kapur said, there are about 18-20 per cent small taxpayers in the tier-II and tier-III cities who have small income but they have taxable income. She said, people who are earning taxable income should file income tax returns. Mrs Kapoor said, if these small taxpayers also come into the system, it would give the government leeway to reduce overall taxes and also lessen individual income tax. Mrs Kapoor said, CBDT recently activated all its field offices to achieve the goal of netting one crore assesses this fiscal with the Pune region being given the maximum target of bringing in over 10 lakh new taxpayers. She said, if more and more people pay their due taxes, the income tax burden of those already compliant could be gradually eased.
News On AIR | September 28, 2015 2:13 PM
People earning 4 lakh rupees in small cities and not paying taxes on I-T radar