ITR 2026: For the Income Tax Return of 2026, if you haven’t completed your filing yet, there’s a convenient option available. You are no longer required to visit the Income Tax portal to submit your return. PhonePe and Jio Finance have introduced a service within their apps for ITR filing. The notable aspect is that the starting cost is only Rs 24, enabling you to file your ITR affordably. Additionally, assistance from a tax expert is available if necessary.
The deadline for filing returns is July 31st
In preparation for the July 31st deadline for ITR filing, financial technology companies PhonePe and Jio Finance have introduced a new service for taxpayers. Collaborating with TaxBuddy, both companies now offer the option to submit income tax returns directly through their apps, eliminating the need to visit a separate website or portal.
Filing your return can now be done through your smartphone.
This service caters to salaried individuals, professionals, and business owners whose income sources extend beyond salary earnings. Tax filing in such instances is typically more intricate than in standard cases. Individuals with business revenue, capital gains, cryptocurrency investments, foreign income, and F&O trading activities can also take advantage of this service.
Both applications provide self-service and expert-assisted ITR filing choices. The basic plan for unassisted filing of your ITR starts at a nominal fee of Rs 24. However, for complex tax situations requiring expert guidance, an additional fee will apply.
Submit your ITR for just Rs 24
Jio Finance has outlined a comprehensive fee structure. Packages for salaried individuals range from Rs 24 to Rs 499. For individuals with capital gains, cryptocurrency, or F&O income, plans start at Rs 99. Expert-assisted ITR filing fees vary from Rs 649 to Rs 2,924.
You can also handle GST returns
Jio Finance has enhanced this service with additional features such as tax planning, comparison of old and new tax systems, estimation of deductions under sections 80C and 80D, automatic data transfer, and refund monitoring. The company emphasizes that user data extends beyond ITR filings, aiming to simplify and secure the tax filing process. PhonePe has also introduced a GST return filing service alongside ITR filing, catering to freelancers, small businesses, and GST return filers.