Demonetisation, GST led to formalisation of economy: Arun Jaitley
According to the data released by the Finance Ministry on Monday, 6.84 crore returns were filed during 2017-18, significantly higher than 5.43 crore filed in the previous fiscal.
"Direct tax collections for FY 17-18 has been Rs 10,02,607 crore (18 per cent higher than previous year)," Arun Jaitley said.