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Tax reforms drive 1.32 crore updated returns, Rs 16,083 crore additional tax

SECTIONS Tax reforms drive ; Rs · Business · 2026-09-07

Tax reforms drive 1.32 crore updated returns, Rs 16,083 crore additional tax

Updated income tax returns have increased significantly over four years. New tax regime adoption shows strong uptake among taxpayers filing returns. Karnataka ranks second in direct tax collections, contributing substantially to national revenue. Technology-driven systems enhance transparency and en... Updated income tax returns have increased significantly over four years. New tax regime adoption shows strong uptake among taxpayers filing returns. Karnataka ranks second in direct tax collections, contributing substantially to national revenue.

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