Number of people filing ITRs rises 50%: CBDT chief

CBDT chairman exuded confidence that the revenue department would achieve direct tax collection target of Rs 11.5 lakh cr for current financial year ending March, 2019. "Demonetisation has been very good for increasing the tax base of the country. This year, we have already got around 6.08 cr income tax returns, which is 50% higher than last year," he said.