A Record-Breaking Year for ITR Filing! efiletax Analyzes the Trend
The Income Tax Department has reached a landmark achievement, exceeding everyone’s expectations! As of December 31st, 2023, a staggering 8.18 crore ITRs have been filed for the Assessment Year 2023-24, marking a 9% increase compared to the previous year. This is a clear testament to the growing awareness and commitment of taxpayers in India.
Here are some key highlights that contributed to this record-breaking feat:
- AIS Takes Center Stage: The Automatic Income Statement (AIS) facility streamlined the filing process by pre-populating information, minimizing errors, and saving valuable time for taxpayers.
- Digital Payments, Digital Speed: The launch of TIN 2.0 has revolutionized tax payments with its real-time crediting system, further simplifying the ITR filing journey.
- Targeted Outreach Campaigns: The Department’s targeted email, SMS, and creative campaigns, spanning over 103.5 crore outreaches, successfully encouraged early filing.
- Dedicated Support System: The e-filing helpdesk team played a crucial role, efficiently resolving approximately 27.37 lakh queries from taxpayers throughout the year.
efiletax extends its heartfelt gratitude to all taxpayers and tax professionals for their invaluable support and timely compliance. We also encourage everyone to verify any unverified ITRs within the next 30 days to ensure smooth processing.
So, what does this record-breaking year tell us? It signifies a growing understanding of the importance of tax compliance and a positive shift towards embracing the digital tax ecosystem. With initiatives like AIS and TIN 2.0, the future of ITR filing looks brighter than ever.
efiletax is committed to empowering taxpayers with intuitive technology and expert guidance. Let’s keep filing together and build a financially stronger India!
Remember, efiletax is always here to assist you throughout your ITR filing journey. Visit our website or contact our friendly customer support team for any questions or assistance.
Don’t forget to share this blog and spread the word about this landmark achievement!
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