Two crore returns filed on e-filing portal

MUMBAI, INDIA: The Department of Income Tax received 2.06 crore returns on the e-filing portal for FY2015-16, via-a-vis 32.95 lakh e-returns verified through electronic verification code in FY2014-15.

Overall, the e-filing portal saw an increase of 26.12 percent over last year when 1.63 crore returns were e-filed. The peak filing rate in the FY2015-16 touched 3,475 returns per minute as compared to 2,901 returns per minute in the FY2014-15.

As on 07.09.2015, the Central Processing Center processed 45.18 lakh returns for FY2015-16 and issued refunds to 22.14 lakh tax payers.

It has been the constant endeavor of the IT department to make compliance simpler for the taxpayer through the use of technology.

E-filing of returns, refund banker scheme and the newly introduced e-verification of income-tax returns for the assessment year 2015-16 are some of the key initiatives undertaken by the department for making filing of returns simple and easy for the common taxpayer.