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Two Lakh Taxpayers Collect TIN Within 2.5 Months

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Representational Image

The number of Tax Identification Number (TIN) holders in the country has increased by two lakh within 2.5 months. That is, an average of 28,000 people have collected TIN every day. As of 22 April, the number of TIN holders stood at just over 1.2 crore.

 Those concerned said that mainly due to the obligation of TIN acceptance and return submission in 43 services, the trend of taking TIN has increased for several months. Officials said that many public and private services are now not available without proof of deposit of returns (PSR). So now many people are forced to get TIN despite not having taxable income.

According to the National Board of Revenue (NBR), the number of TIN holders crossed one crore for the first time on February 8, two and a half months ago. At the end of that day, the number of TIN holders stood at 1 crore 3 thousand 844.

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