The Central Board of Direct Taxes on Monday said that the number of Income Tax Returns filed in 2017 had risen by at least 25%. The department attributed this increase to the demonetisation drive, claiming it had curbed the circulation of black money.
“The growth in returns filed by individuals is 25.3%,” the CBDT said, adding that they had received more than 2.79 crore returns till August 5, the last day to file them. Overall, more than 2.82 crore ITRs were filed, which is a 24.7% increase as compared to 9.9% in 2016.
“This clearly shows that a substantial number of new taxpayers were brought into the tax net subsequent to demonetisation.” the CBDT said.
There was also a rise in the amount of direct tax collected in 2017. Advance tax collections of personal income tax saw 41.97% growth as compared to that the last financial year. “Personal income tax under self-assessment tax grew at 34.25% over the corresponding period in FY 2016-17,” the CBDT said.
A phone so stunning that it deserves its own photoshoot
Presenting the Moto X4, crafted to perfection.
Precision-crafted glass and metal design, an anodised aluminium frame, easy to hold and featuring beautiful contours, the Moto X4 is crafted to perfection indeed.
With the distinctive placement of the rear cameras, this phone makes a great subject for a photographic series.
The light reveals the fluidity of its body; curves that fit perfectly in the contours of a palm.
Reclining on a bed of satin, the glass-encased phone blends into the folds of the luxurious fabric.
The slimness, seamlessness and solidity of the phone make for a great profile shot.
A stunning design which is IP68 rated water-resistant too, it is as beautiful as it is strong.
We partnered with photographer Gaurav Sawn to create this series. Says Gaurav, “The glass sandwich design looks extremely good and the reflections on the back panel make the phone stand out. This is a phone that is best used without a case. The curved corners were also very comfortable to hold. All in all, really enjoyed shooting this phone!”
While this phone is elegant and crafted to perfection, it is also extremely tough, being protected from scratches with Corning® Gorilla® Glass that stretches all the way around.
You don’t need to sacrifice of performance either. It’s packed with a 2.2 GHz octa-core Qualcomm® Snapdragon™ 630 processor and comes with a TurboPower™ Charger which means hours of power in minutes!
For the music lover, this phone is a boon. With simultaneous connectivity of up to four Bluetooth® audio devices at the same time, you can build your own stereo system without worrying about cables.
The dual rear cameras – a 12MP that lets you focus faster and get great results even on dark, cloudy days, and an 8 MP camera, with wide angle lens makes your most ambitious photos look all the more impressive.
To get your hands on the Moto X4, and experience perfection, click here.
This article was produced by the Scroll marketing team on behalf of Motorola and not by the Scroll editorial team.