Online Filing of IT Returns in India has Jumped to 80 Percent

by HIOC Team
Published: Updated: 124 views

21 Jun 2011: For the year 2010-11, online filing of income tax returns in India, reached 91.57 lakh, with a growth rate of 80%. It is further expected to reach 7.5 crores in five years.

According to SNK Etax Solutions Ltd, the number of tax filed in the fiscal year 2010-11 were 4.4 crore, when compared to 3.40 crore in the previous fiscal year. Experts view that this rapid increase is due to the acceptance of digitization across India.

The SNK Etax has launched a new tax filing portal called taxsum.com, to provide services to the all categories of tax filing audiences. The company said that, the portal will facilitate tax filing in categories ranging from ITR 1 to ITR 6. The portal offers multi language, user-friendly and comprehensive solutions for computing and filing tax returns online.

Source: Times of India

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