• About
  • Blog
  • Contact
Monday, October 2, 2023
No Result
View All Result
The Daily Buzz
  • Home
  • Alternatives
  • World
  • Politics
  • Business
  • Science
  • Tech
    • All
    • Activate
    Streamline Your Production: Exploring Manufacturing ERP Software Solutions
    Streamline Your Production: Exploring Manufacturing ERP Software Solutions
    Key Custom Software Development Benefits That All Should Know
    Key Custom Software Development Benefits That All Should Know
    Are There Different Types of Data Science Certifications?
    Are There Different Types of Data Science Certifications?
    Top 6 Photo Background Replacement Solutions for Beginner Creators
    Top 6 Photo Background Replacement Solutions for Beginner Creators
    How Dynamic Application Security Testing Helps in Regulatory Compliance
    How Dynamic Application Security Testing Helps in Regulatory Compliance
    12 Free Remote Desktop Software Tools You Need to Know
    12 Free Remote Desktop Software Tools You Need to Know

    Trending Tags

    • Activate
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    The Main Trends of Recent Years That Make Games Unique
    The Main Trends of Recent Years That Make Games Unique
    What Is The Role of Mediation in Resolving Sports Disputes?
    What Is The Role of Mediation in Resolving Sports Disputes?
    Leveraging Tech to Boost Your London Marathon Charity Fundraising
    Leveraging Tech to Boost Your London Marathon Charity Fundraising
    Creating Your Beats: Tips and Tricks for Making Electronic Music
    Creating Your Beats: Tips and Tricks for Making Electronic Music
    The Semi-Auto Offside Technology Explained
    The Semi-Auto Offside Technology Explained
    Mike Fleiss Reveals His Latest Projects
    Mike Fleiss Reveals His Latest Projects
    Is Instagram API Pricing Worth the Investment?
    Is Instagram API Pricing Worth the Investment?
    Get Hooked on These 7 Gripping Manhwa Series on Mangakakalot in 2023
    Get Hooked on These 7 Gripping Manhwa Series on Mangakakalot in 2023
    Is Artificial Grass a Green Revolution or an Eco-challenge? Evaluating the Pros and Cons of Artificial Turf
    Is Artificial Grass a Green Revolution or an Eco-challenge? Evaluating the Pros and Cons of Artificial Turf
  • Lifestyle
    • All
    • Fashion
    • Fitness
    • Food
    • Health
    • Health Care
    • Home
    • Travel
    The Evolution of Commercial Furniture: Top 10 Must-Have Pieces for 2023
    The Evolution of Commercial Furniture: Top 10 Must-Have Pieces for 2023
    Improving Quality of Life: Managing Chronic Conditions with Home Testing
    Improving Quality of Life: Managing Chronic Conditions with Home Testing
    The Most Unusual and Offbeat Hotels and Accommodation in Europe
    The Most Unusual and Offbeat Hotels and Accommodation in Europe
    10 Ways to Tell That Your Partner Is Cheating
    10 Ways to Tell That Your Partner Is Cheating
    How to Use Kettlebells for Your Cricket Game
    How to Use Kettlebells for Your Cricket Game
    Playa del Carmen’s Culinary Delights: Exploring the Food Scene
    Playa del Carmen’s Culinary Delights: Exploring the Food Scene
    The 10 Most Common Dental Problems and Treatment
    The 10 Most Common Dental Problems and Treatment
    Teeth Whitening for Sensitive Teeth: Tips and Products
    Teeth Whitening for Sensitive Teeth: Tips and Products
    Georgia: The Ideal Travel Destination For Indians
    Georgia: The Ideal Travel Destination For Indians
    Caviar: Understanding the Luxury in Every Bite
    Caviar: Understanding the Luxury in Every Bite

    Trending Tags

  • Home
  • Alternatives
  • World
  • Politics
  • Business
  • Science
  • Tech
    • All
    • Activate
    Streamline Your Production: Exploring Manufacturing ERP Software Solutions
    Streamline Your Production: Exploring Manufacturing ERP Software Solutions
    Key Custom Software Development Benefits That All Should Know
    Key Custom Software Development Benefits That All Should Know
    Are There Different Types of Data Science Certifications?
    Are There Different Types of Data Science Certifications?
    Top 6 Photo Background Replacement Solutions for Beginner Creators
    Top 6 Photo Background Replacement Solutions for Beginner Creators
    How Dynamic Application Security Testing Helps in Regulatory Compliance
    How Dynamic Application Security Testing Helps in Regulatory Compliance
    12 Free Remote Desktop Software Tools You Need to Know
    12 Free Remote Desktop Software Tools You Need to Know

    Trending Tags

    • Activate
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    The Main Trends of Recent Years That Make Games Unique
    The Main Trends of Recent Years That Make Games Unique
    What Is The Role of Mediation in Resolving Sports Disputes?
    What Is The Role of Mediation in Resolving Sports Disputes?
    Leveraging Tech to Boost Your London Marathon Charity Fundraising
    Leveraging Tech to Boost Your London Marathon Charity Fundraising
    Creating Your Beats: Tips and Tricks for Making Electronic Music
    Creating Your Beats: Tips and Tricks for Making Electronic Music
    The Semi-Auto Offside Technology Explained
    The Semi-Auto Offside Technology Explained
    Mike Fleiss Reveals His Latest Projects
    Mike Fleiss Reveals His Latest Projects
    Is Instagram API Pricing Worth the Investment?
    Is Instagram API Pricing Worth the Investment?
    Get Hooked on These 7 Gripping Manhwa Series on Mangakakalot in 2023
    Get Hooked on These 7 Gripping Manhwa Series on Mangakakalot in 2023
    Is Artificial Grass a Green Revolution or an Eco-challenge? Evaluating the Pros and Cons of Artificial Turf
    Is Artificial Grass a Green Revolution or an Eco-challenge? Evaluating the Pros and Cons of Artificial Turf
  • Lifestyle
    • All
    • Fashion
    • Fitness
    • Food
    • Health
    • Health Care
    • Home
    • Travel
    The Evolution of Commercial Furniture: Top 10 Must-Have Pieces for 2023
    The Evolution of Commercial Furniture: Top 10 Must-Have Pieces for 2023
    Improving Quality of Life: Managing Chronic Conditions with Home Testing
    Improving Quality of Life: Managing Chronic Conditions with Home Testing
    The Most Unusual and Offbeat Hotels and Accommodation in Europe
    The Most Unusual and Offbeat Hotels and Accommodation in Europe
    10 Ways to Tell That Your Partner Is Cheating
    10 Ways to Tell That Your Partner Is Cheating
    How to Use Kettlebells for Your Cricket Game
    How to Use Kettlebells for Your Cricket Game
    Playa del Carmen’s Culinary Delights: Exploring the Food Scene
    Playa del Carmen’s Culinary Delights: Exploring the Food Scene
    The 10 Most Common Dental Problems and Treatment
    The 10 Most Common Dental Problems and Treatment
    Teeth Whitening for Sensitive Teeth: Tips and Products
    Teeth Whitening for Sensitive Teeth: Tips and Products
    Georgia: The Ideal Travel Destination For Indians
    Georgia: The Ideal Travel Destination For Indians
    Caviar: Understanding the Luxury in Every Bite
    Caviar: Understanding the Luxury in Every Bite

    Trending Tags

No Result
View All Result
The Daily Buzz
No Result
View All Result
Home Business

What Are the New Features of the E-filing Portal of the Income Tax Department?

by The Daily Buzz Team
in Business
4 min read

Contents

Introduction

CBDT (Central Board of Direct Tax) introduced a new income tax portal on June 7, 2021. The previous e-filing site has replaced the new income tax portal. Individuals wishing to submit their taxes must now use this new gateway. The interface is being updated to make e filing of income tax return easier and remove errors or other challenges. Continue reading to learn about some important elements of the Income Tax Department’s e-filing platform.

What is E-filing of Income Tax Return?

The process of filing your tax returns online is referred to as e-filing. E-filing, which stands for electronic filing, may be conducted using the income tax website. All taxpayers may utilize e-filing.

Taxpayers benefit from online filing of ITR in terms of speed, security, and convenience. It also lessens the pressure on the Income Tax Department and gives a smart alternative to conventional paper filing.

Features of New Portal For E-filing of Income Tax Return

ITR Processing

It is the swift processing of income tax returns that allows taxpayers to respond to tax filings quickly. When a taxpayer files an income tax return, this portal instantly begins processing the returns and provides a prompt refund to the taxpayer.

Returns are Tracked in Real-time

Another notable innovation of the e-filing site is the ability to keep taxpayers updated on the status of their submitted returns. Individuals may now quickly follow the status of their tax returns thanks to the real-time monitoring tool. They are provided with frequent information on the processing progress, refunds, and any further necessary steps, guaranteeing transparency and decreasing the anxiety associated with tax filing.

Interaction with a Single Dashboard

A taxpayer may see all conversations, uploads, and pending activities in a single dashboard and the next action that is to be taken.

Payment Alternatives

The new site provides a taxpayer with several payment alternatives. These choices include RTGS/NEFT, credit card, UPI, and net banking via any taxpayer’s account in any bank. It makes tax payments easier.

Interactive Tax Calculators

The e-filing platform now includes interactive tax calculators to help taxpayers with precise tax planning and estimates. Users may use these tools to assess their tax obligations depending on their income, deductions, and applicable tax rates. Taxpayers may test various situations and prepare their budgets appropriately. Individuals may use calculators to make informed judgments and improve their tax-saving tactics.

Application for Mobile

A mobile application with all of the new portal’s core capabilities is released. The taxpayer may use a mobile network to use the app anytime.

Call Centre Service

The new webpage has also joined the contact centre services to help taxpayers with their questions. It also offers tutorials, videos, and a chatbot to help taxpayers with possible complications.

Simplified User Interface

The streamlined user interface is one of the most significant enhancements to the e-filing platform. The interface has been overhauled to create a more smooth and intuitive experience for taxpayers. The new design has simple menus and enhanced search capability, allowing users to quickly discover the necessary information and easily execute their tax-related duties.

Introduction of Aadhaar Integration

To improve security and convenience, the e-filing platform has incorporated Aadhaar authentication. Taxpayers may connect their Aadhaar cards to their income tax accounts, allowing for a more secure and convenient login experience. The use of Aadhaar streamlines the authentication procedure while maintaining the confidentiality of taxpayer information, hence boosting the entire security architecture.

Pre-filled ITRs

The new site enables the pre-filling of some income-related information. It might be about salary, home property, business/profession, etc. Furthermore, it allows for the full pre-filling of information such as salary income, interest, dividends, and capital gains. When the relevant entities submit their TDS and SFT statements, the pre-filling will take place.

Final Thoughts

The new income tax portal for e-filing of income tax returns is a user-friendly and convenient platform for taxpayers and other stakeholders to file their returns, pay taxes, track refunds, link Aadhaar, and access various other services. The portal also offers free ITR preparation software, pre-filled ITR forms, real-time processing of returns, multiple payment options, and a mobile app. The portal aims to provide taxpayers with a seamless experience and reduce the compliance burden.

The Daily Buzz Team

The Daily Buzz combines the pursuit of interesting and intriguing facts with the innate human desire to rank and list things. From stereotypical cat pictures to crazy facts about the universe, every thing is designed to help you kill time in the most efficient manner, all while giving you something to either laugh at or think about!

  • The Daily Buzz Team
    https://the-daily.buzz/author/admin/
    What’s the Point of Psychic Readings in 2023?
  • The Daily Buzz Team
    https://the-daily.buzz/author/admin/
    The Main Trends of Recent Years That Make Games Unique
  • The Daily Buzz Team
    https://the-daily.buzz/author/admin/
    Eco-Friendly Choices: Why Refurbished Electronics Matter
  • The Daily Buzz Team
    https://the-daily.buzz/author/admin/
    The Evolution of Commercial Furniture: Top 10 Must-Have Pieces for 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Like us & Receive Daily Updates

Trending Now

  • What’s the Point of Psychic Readings in 2023?
  • The Main Trends of Recent Years That Make Games Unique
  • Eco-Friendly Choices: Why Refurbished Electronics Matter
  • The Evolution of Commercial Furniture: Top 10 Must-Have Pieces for 2023
  • Adorn Your Style: Shop Exquisite Jewelry Online
  • About
  • Blog
  • Careers
  • Contact
  • Our Team
  • Privacy Policy

© 2020 The-Daily Buzz

No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Science
  • National
  • Entertainment
  • Gaming
  • Movie
  • Music
  • Sports
  • Fashion
  • Lifestyle
  • Travel
  • Tech
  • Health
  • Food
  • Our Team
  • Contact
  • About
  • Privacy Policy

© 2020 The-Daily Buzz