Income Tax Department On The Path Of Reform, Now Taxpayers Will Get HelpOn June 15, 2021 by admin
Firstly, this is not just the expanded version of the old website (http://incometaxindiaefiling.gov.in) but the address of the new website: http://incometax.gov.in, which completely replaced the old website is. The new website is mobile friendly and taxpayers will get all the solutions at one place. The operation of the new site is user friendly and well thought out to meet the needs of the new generation of taxpayers. The basic idea behind this is to make the website friendly, simple and smart instead of intimidating the users. The Central Board of Direct Taxes (CBDT) has, for the first time, put income tax payers before everything else. The functionality of the website is keeping in mind the changing needs of the taxpayers, especially as compared to other financial services platforms.
Despite repeated efforts, the subject of income tax has always been difficult for most of the common taxpayers and they have to take the services of chartered accountants and tax filing experts. Not only does this exercise cost them money, but they also have to disclose their financial statements to many people they may or may not trust. Apart from this, they also worry about correct returns, refunds and possible questions asked by the Income Tax Department, which they cannot easily understand. Earning its credibility, the Income Tax Department over the years has not only made tax filing convenient for different types of taxpayers with different tax return forms, but it has also helped taxpayers find an easier way to manage their income tax filing process. It has also improved the method of income tax calculation by introducing content on its website to However, a lot needs to be done to make the entire process of filing income tax smooth and easy. This reform was a step towards making the filing of income tax easier for all taxpayers.
At a basic level, for the first time, the Income Tax Department will offer free downloadable software to taxpayers to calculate their tax liability on their own. The new website also has a good navigation point, which allows taxpayers to use a single window to not only file returns but also to approach the Income Tax authorities to trace their returns and refunds. It will also open a single window for interaction between Income Tax officials and taxpayers; So that both will be able to resolve tax disputes and mistakes. The way IRCTC completely changed the way train tickets are booked, it seems so when you think about the whole process.
Many technical changes involve a gradual improvement and the Income Tax Department website is no different. At present, there are many flaws in it, which have been pointed out by the common man to the Finance Minister and Infosys and Nandan Nilekani, who is the chairman of the company, have been told and they are working on rectifying its shortcomings. One of the good things with this new site is that the income tax filing season is just around the corner, which provides ample time to sort out the problems and find solutions, which will help people manage their tax filings on their own. . Simultaneously, changes will continue to be made to facilitate any new changes coming through the tax rules- laws.
The advantage with the current version of Income Tax website is that it is like a single destination for everything related to tax rules, tax filing, tax dispute resolution and tax refund. The way technology eases the way, users are able to follow a DIY (Do It Yourself-Do It Yourself) approach for many of their financial transactions. The threshold limit for filing taxes would also be something they would be able to manage on their own. Tax return forms have already become simpler in the last few years and the way income tax of individuals is assessed is also getting easier.
And, with the way bank accounts, PAN and Aadhaar are being interlinked, it is likely that soon, tax form filling will become possible automatically from the data collected from various sources, and anything missed in the form The responsibility of updating and agreeing to the same will be left to the taxpayers. Paying income tax in this way will be like paying bills for mobile, electricity and other useful things for many of us. The minor shortcomings present in the new website will be automatically bridged by making tax filing a convenient process.
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