Tax season is here, and JioFinance is making it much easier and relaxed for the public to file their ITR. For as low as ₹24 to start, you can file your Income Tax return by yourself, or for just ₹999, get professional assistance to guide you through the procedure.
This new feature, launched by Jio Financial Services Ltd (JFSL) in association with TaxBuddy, is set to shake up the way millions of Indians handle their return filing. But, here’s the kicker, does this budget-friendly feature comes with a hidden catch? Let’s dive in!
Why is JioFinance’s ₹24 ITR Filing Going Viral?
Primarily, the price seems to be affordable. Self-filing your taxes for just ₹24? That’s less than even a cup of coffee in most cafes! In fact, other current online platforms typically charge between ₹199 and ₹499 for self-filing facilities, while expert-assisted plans range from ₹799 to ₹2,000 or sometimes even more than that.
However, JioFinance is reversing the script with their affordable system, which is certainly making waves on social media now a days.
There are two core feature modules of this new tax filing and planning processes, the Tax Planner and Tax Filing. The Tax Planner permits you to evaluate and reduce your future tax liabilities while confirming you don’t miss out on deductions like HRA or under sections 80C and 80D. It’s actually like consulting to a virtual tax consultant.
JioFinance Assist in Filing at ₹999: Is It Worth It?
While ₹999 might looks like a steal for expert help, it’s important to ask: Are you getting an actual professional advice, or is it just a guided service?
Chartered Accountants have raised concerns about the possible errors in self-filing ITR, especially for the first-timers.
So, should you rely on a ₹24 self-filing feature with your financial future? The ease of filing through this app and its amalgamation with tax-saving features may support, however double-checking could be a good decision before submitting the return.
A Clearer Path for Taxpayers by JioFinance
In a country where tax filing can often look like navigating a tangle, JioFinance’s new service offers simplicity and affordability. Additionally, it gives us the power to select, either to file it by yourself with ₹24 or a level up by consulting with an expert with ₹999 for extra peace of mind.
In a world where tax advisors charge substantial amount of fees, JioFinance is making tax filing much easier to the masses, and you don’t want to miss out.
The question is: Are you ready to file your taxes the Jio way? Or you end up doing it your own?
Let’s see if this budget-friendly tax filing revolutionizes the lives up to the hype!
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Also Read: How GST Reform Could Help Curb Inflation In India: Expert Insights And Impacts
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
He is committed to entrenched data, facts, research, solutions, and a dedication to value-based journalism. He has covered trade tariff wars, international alliances, corporate policies, government initiatives, regulatory developments, along with micro- and macroeconomic shifts impacting global fiscal dynamics.
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