Year

People of this Muslim country drink the most tea, here one person drinks this much tea in a year.

People of this Muslim country drink the most tea, here one person drinks this much tea in a year.

Most people in India start their day with tea. Some people are so fond of it that they want it in bed immediately after waking up. You can call tea the most popular beverage in India.

But do you know where tea is consumed the most in the whole world. It is written in the headline above that the maximum amount of tea is consumed in a Muslim country, if you are thinking that that Muslim country is India’s neighboring country Pakistan, then you are wrong. Let us tell you about it in detail in this article. Along with this, we will also tell you how old is the history of tea.

Where is most tea consumed

If you talk about the production of tea? If we do then India will be at second place in the world. Whereas, China is at number one. But when it comes to tea consumption, Turkey wins in this matter. Actually, tea consumption is highest in Turkey. According to data released by World of Statistics, the annual per capita consumption of tea in Turkey is 3.16 kg. Turkey ranks 5th in the world in tea production. Ireland is at second place in tea consumption. The annual per capita consumption of tea here is 2.19 kg. Whereas, Britain is at third place.

The per capita consumption of tea in Britain is 1.94 kg. Whereas Pakistan is at number four in this list. Tea consumption here is 1.50 kg per person. The biggest thing is that China and India, which produce the most tea in the world, are not even in the top 10. India is not even in the top 20. While China is at number 19 in this list, India is at number 23. The annual per capita consumption of tea in China is 0.57 kg. The annual consumption of tea in India is 0.32 kg per person.

What is the history of tea

It is said that the history of tea dates back to about 4800 years. year old. One story regarding the invention of tea is that in 2732 BC. There used to be a ruler in China named Shen Nung. It was winter and he was sunbathing comfortably in his garden. When he felt thirsty, he asked his servant to give him hot water. The servants were heating water for him when suddenly a leaf fell into it. People did not pay attention to it and the king drank that water.

But this time the taste of the water was different and its color too. After drinking this drink the king was feeling energetic inside himself. When the pot of hot water was seen, there was a leaf in it, the leaves of which were growing in the garden. It is said that after this, everyone in China started drinking this leaf by boiling it and later it became popular all over the world by the name of tea.

Over 7 Crore ITRs Filed This Year: Check Last 5 Years’ Data » Finance & Banking

Over 7 Crore ITRs Filed This Year: Check Last 5 Years’ Data » Finance & Banking

This year, taxpayers and tax professionals have set a new record for filing Income-tax Returns (ITRs). By July 31, 2024, over 7.28 crore ITRs were submitted for the Assessment Year (AY) 2024-25. That’s a 7.5% increase from the 6.77 crore ITRs filed by the same date last year. Let’s break down this year’s data and compare it with the past five years.

Record-Breaking Number of ITRs

This year has seen a huge rise in the number of ITRs filed, showing how taxpayers are getting more organized and tech-savvy.

Shift to the New Tax Regime

A big trend this year is the move to the New Tax Regime. Out of the 7.28 crore ITRs, 5.27 crore chose this new regime, while 2.01 crore went with the Old Tax Regime. This means about 72% of taxpayers are now using the new tax structure, with 28% sticking with the old one. The New Tax Regime is simpler and has fewer tax slabs, which might be why so many people are switching.

Busy Filing Day and E-Filing Stats

The busiest day was July 31, 2024, the deadline for most taxpayers. On this day alone, over 69.92 lakh ITRs were filed. The e-filing portal was extremely busy, with the highest traffic between 7:00 PM and 8:00 PM, handling 5.07 lakh submissions in that hour. The peak filing rate was 917 per second on July 17, 2024, at 8:13:54 AM, and 9,367 per minute on July 31, 2024, at 8:08 PM.

Growth in First-Time Filers

This year also saw a significant number of first-time filers, with 58.57 lakh ITRs submitted by people filing for the first time. Here’s how the filings break down for AY 2024-25:

  • ITR-1: 3.34 crore (45.77%)
  • ITR-2: 1.09 crore (14.93%)
  • ITR-3: 91.10 lakh (12.50%)
  • ITR-4: 1.88 crore (25.77%)
  • ITR-5 to ITR-7: 7.48 lakh (1.03%)

About 43.82% of these returns were filed online through the e-filing portal. Despite the high volume, the portal handled everything well, with 3.2 crore successful logins on the deadline day.

E-Verification and Refunds

E-verification is an important step for processing ITRs and issuing refunds. As of July 31, 2024, over 6.21 crore ITRs have been e-verified, with more than 5.81 crore (93.56%) using Aadhaar-based OTPs. Processing has already started for over 2.69 crore ITRs (43.34%) for AY 2024-25. Also, 91.94 lakh challans were processed in July 2024 through the TIN 2.0 payment system, making a total of 1.64 crore challans since April 1, 2024.

Support and Helpdesk

The e-filing Helpdesk team has been busy answering 10.64 lakh queries from taxpayers up to July 31, 2024. They provided help through calls, live chats, WebEx sessions, and co-browsing. They also managed queries on X (formerly Twitter) and solved over 1.07 lakh emails, with a resolution rate of 99.97%.

Conclusion

This year’s record number of ITRs shows how efficient and adaptable both taxpayers and the e-filing system have become. The increase in filings and the smooth handling of the high volume are great signs of progress in tax compliance and digital integration.

Source link

Scroll to Top