Income Tax dept targets collection worth Rs 12,151 crore in Odisha

Bhubaneswar: The Income Tax Department has estimated a collection of Rs 12,151 crore in Odisha during the current financial year.

Nearly, 48.4 per cent amounting to Rs 5,880 crore has already been collected, informed Commissioner of Income Tax Department Asit Mohapatra. According to sources, this financial year as many as 10, 27, 796 people will be brought under the ambit of Income Tax in Odisha.

“Odisha’s growth is one of the best in India. Our target is nearly Rs 12, 500 crore this year. The growth is nearly 30% this year so the target will be achieved. We also want to increase the base of taxpayers,” Mohapatra said.

In comparison to last year, there has been a 20 per cent increase in income taxpayers and there will be an addition of 50,000 more by the end of this year. Apart from that, quick disposal of TDS will also be ensured, Mohapatra added.