In a surprising turn in trend, income tax e-filings for the financial year 2018-19 fell by over 6.6 lakh from the year before.
Statistics released by the Income Tax department's official e-filing website showed that ITR filings in FY19 were at 6.68 crore, lower than 6.74 crore in FY18. In FY17, there were 5.28 crore e-filers.
Experts are surprised by the results as they expected the tax base to increase post demonetisation.

The registered filers, however, grew by 15 percent to 8.45 crore as on 31 March 2019, according to the e-filing website. There were just 2.7 crore registered filers at the end of March 2013 which almost doubled to 5.2 crore in March 2016 and 6.2 crore in March 2017.
The percentage of actual filings to registered filers was at 79 percent in FY19, which is lower than the 91.6 percent in the previous fiscal year. The compliance ratio was at 85 percent and 83 percent for the preceding two years. It was 79.3 percent in FY15, which was a decline from 82 percent of FY14.
The data released also showed a steady rise in filers in the Rs 5 lakh to Rs 10 lakh income range with 1.05 crore filings in the financial year 2018-19 including 1.02 crore of individual taxpayers.
More From GoodReturns

Indane, HP & Bharat Gas Cylinder Booking Rules: OTP Mandatory After LPG Refilling Gap Increased to 25-45 Days

Stock Market Holidays 2026: BSE, NSE To Be Shut For 4 Days From March 23 to 31: Ram Navami To Mahavir Jayanti

Gold & Silver Rates Today Live: MCX Gold Crashes By Rs 5,645, Silver Falls By Rs 16,540; 24K, 22K, 18K Gold

1:1 Bonus, 1:5 Split, 39 Dividends: Hindustan Zinc Share Rally 3% As Silver Rates Jump: Buy This Vedanta Stock

1:5 Split Soon? Vedanta Ltd To Consider 3rd Interim Dividend On March 23, Share Jumps; Record Date & Buy Call

Gold Rates & Silver Rates Today Live: MCX Gold & Silver Price Gives Up Some Early Gains; 24K, 22K, 18K Gold

Mega Gold Price Crash Alert! 24K Sinks Rs 1.36 Lakh/100 Gm In Week; Silver Sees Losses | March 23-27 Outlook

Gold & Silver Rates Today Live Updates: Will 24 Carat, 22 Carat, 18 Carat See Bullish Week Ahead?

Gold Rates In India Crash By Rs 29,400 On March 21 After Spot Gold Hits Weakest Week; 24K, 22K, 18K Gold Price

Massive Crash in Gold Rate in India! 24K Plunges Nearly Rs 59,000 in Four Sessions; Will Slide Continue Today?

Happy Gudi Padwa 2026: Top 60+ Wishes, Quotes, Messages, Status, Captions, Greetings To Share On March 19



Click it and Unblock the Notifications