India's taxation and aviation sectors have seen significant reforms and growth over the past decade, as highlighted by Finance Minister Nirmala Sitharaman. The introduction of updated income tax returns, a new Form 26AS, and the prefilling of tax returns have simplified the tax filing process, reducing the average processing time from 93 days in 2013-14 to just 10 days in the current year, leading to quicker tax refunds. In the aviation sector, the number of airports has doubled to 149, with the rollout of air connectivity to Tier-II and Tier-III cities under the UDAN scheme, resulting in the development of 517 new routes that have carried 1.3 crore passengers. Direct tax collections have more than trebled, and the number of return filers has swelled to 2.4 times in the last decade. These developments signify the government's efforts to enhance infrastructure and improve efficiency in public services.
#ViksitBharatBudget | India's aviation sector growth The increase in the number of airports indicates improved connectivity and economic opportunities. It reflects the government's efforts to enhance air transport infrastructure for regional development and economic growth.… https://t.co/Y6e9xZGL0M
The average processing time of returns has come down to just 10 days from 93 days, meaning faster refunds. #ViksitBharatBudget https://t.co/E1b8ftZtqt
The number of airports has doubled in 10 years, indicating that the government is investing heavily in aviation infrastructure. #ViksitBharatBudget https://t.co/THnJjR5joD
Due to the reforms of the Modi govt, Income Tax Returns filed have more than doubled in 10 years. #ViksitBharatBudget https://t.co/IpgpvSTeLi
Achievements of Taxation Reforms: Direct Tax: 🔹Direct Tax Collections more than trebled in last 10 years 🔹Number of return filers swelled to 2.4 times 🔹Reduction in average processing time of returns from 93 days in 2013-14 to 10 days in 2023-24 #Budget2024… https://t.co/QIp82OIMgg
Direct tax collections more than trebled and return filers swelled to 2.4 times in past decade Average processing time of returns comes down from 93 days in 2013-14 to just ten days now -Finance Minister @nsitharaman Read here: https://t.co/dBVgVl3ldz #Budget2024…
Aviation Sector The Aviation sector has been galvanized in the past 10 years. Number of airports have doubled to 149. Roll out of Air connectivity to Tier-2 and Tier-3 cities under #UDAN scheme has been widespread. 517 new routes are carrying 1.3 Cr Passengers. Indian… https://t.co/Z8MpMFpUkP
Introduction of updated IT returns, new form 26AS and pre-filling of tax returns have made filing simpler and easier Average processing time has been reduced from 93 days in 2014 to 10 days this year, thereby making refunds faster -Finance Minister @nsitharaman… https://t.co/rY4XjrIWJ0
Aviation sector The Aviation sector has been galvanized in the past 10 years. Number of airports have doubled to 149. Roll out of Air connectivity to Tier-2 and Tier-3 cities under #UDAN scheme has been widespread. 517 new routes are carrying 1.3 Cr Passengers. Indian… https://t.co/tZRUn7zU9a
Introduction of updated income tax returns, a new Form 26AS and prefilling of tax returns have made filing of tax returns simpler and easier. Average processing time of returns has been reduced from 93 days in the year 2013-14 to a mere 10 days this year, thereby making refunds… https://t.co/4Ikar19Yjh
Over the last 10 years, the direct tax collections have more than trebled and the return filers swelled to 2.4 times. I appreciate the tax payers for their support: Finance Minister @nsitharaman #BudgetWithAIR। #Budget2024 । #BudgetSession2024 | #ViksitBharatBudget… https://t.co/NfXkLJERMa
The aviation sector has been galvanized in the past 10 years. The number of airports has doubled to 149. Rollout of air connectivity to Tier-II and Tier-III cities under UDAN has been widespread. Expansion of existing airports and development of new airports will continue… https://t.co/KIcbPisyrn