New income tax e-filing portal from June 2021
The new portal will also provide multiple options such as net banking, UPI, credit card and RTGS/NEFT from any account of the taxpayer in any bank for payment of taxes
image for illustrative purpose
The new portal will also provide multiple options such as net banking, UPI, credit card and RTGS/NEFT from any account of the taxpayer in any bank for payment of taxes.
In its endeavour to make tax compliance easier for individuals, the Income Tax Department is moving to a new taxpayer friendly e-filing portal.
Set to become operational from June 7, the new portal, in the words of the Central Board of Direct Taxes (CBDT), "will provide taxpayers convenience and a modern, seamless experience."
For a vast majority of taxpayers, especially by those who do not have income from multiple sources, this is a welcome move. It would lower the need for running around to collect documents or approaching specialists while filing returns.
Furthermore, the CBDT said that to avoid any inconvenience to taxpayers, it will not fix any compliance dates during the six-day shutdown period from June 1-6.
The new portal will have a user-friendly dashboard that will display all interactions, uploads and pending actions to be acted upon by the taxpayers. It will remind the taxpayers about the necessary compliances, thus prompting them to complete the pending tasks and remain on the right side of the law.