Record ITRs Filed by July 31, 2024: Key Stats
Record 7.28 crore Income Tax Returns were filed by July 31, 2024, up 7.5% from last year.
A record number of ITRs were filed for the assessment year 2024-25.
As of July 31, 2024, a record 7.28 crore Income Tax Returns (ITRs) for the assessment year 2024-25 were filed, up 7.5% from last year’s 6.77 crore.
Close to 72% of taxpayers opted for the new tax regime this year
Key statistics:
Highest Single-Day Filing: July 31, 2024, saw over 69.92 lakh ITRs filed.
Highest Filing Rates: 5.07 lakh per hour, 917 per second, and 9,367 per minute.
First-Time Filers: 58.57 lakh, indicating a broader tax base.
Form Availability: ITRs were available from April 1, 2024, with early releases for ITR-3 and ITR-5.
ITR Breakdown:
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%)Record ITRs Filed by July 31, 2024: Key Stats
Over 43.82% of ITRs were filed online, and the e-filing portal managed 3.2 crore successful logins on the peak day.
