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How to e-file income tax return in India?

Updated: May 16, 2023

As an Indian taxpayer, it is essential to file your income tax returns on time and accurately. Fortunately, the government has made the process much simpler and hassle-free through e-filing. E-filing your income tax return in India has become increasingly popular, and many individuals are now opting for this method to file their returns. In this blog, we'll discuss how you can e-file your income tax return in India, along with some key information about the Indian income tax system.


Steps to followed:

  • Step1 - Register on the Income Tax Department's e-filing website. If you are a new user, you will need to click on the "Register Yourself" button and fill in your details like name, PAN number, date of birth, and contact information. After successful registration, you can log in using your user ID and password.

  • Step 2 - You will need to calculate your income tax liability. The Income Tax Department's website provides a simple income tax calculator that you can use to calculate your tax liability. You will need to enter your total income, deductions, and any other relevant details to get an accurate estimate of your tax liability.

  • Step 3 - Once you have calculated your tax liability, you can proceed with filing your return. To do this, you will need to select the appropriate form based on your income and other details. There are different forms available for different categories of taxpayers, such as salaried individuals, self-employed professionals, and companies.

  • Step 4- You will then need to fill in the details required in the form, including your income, deductions, tax liability, and other relevant information. The online form is user-friendly and will guide you through the process step-by-step.

  • Step 5 - After you have filled in all the details, you can submit your return on the Income Tax Department's website. You will be asked to verify your details and sign the form using a digital signature or an electronic verification code (EVC).

Once your return is successfully submitted, you will receive an acknowledgement receipt. You should keep this receipt for your records, as it serves as proof of your tax filing.

It's important to note that the Indian income tax system is based on a progressive tax structure, with different tax slabs for different income levels.


e-file income tax return India

Income Tax Slab for FY 2023-24 (AY 2024-25)

The following tables show the Revised Income Tax Slabs, not the old tax regime. These new tax slabs were presented in the Budget 2023. The table for the new tax regime slabs-

Tax Slab

Rates

​Up to Rs. 3,00,000

NIL

Rs. 300,000 to Rs. 6,00,000

5% on income which exceeds Rs 3,00,000

​Rs. 6,00,000 to Rs. 900,000

Rs 15,000 + 10% on income more than Rs 6,00,000

​Rs. 9,00,000 to Rs. 12,00,000

​Rs 45,000 + 15% on income more than Rs 9,00,000

​Rs. 12,00,000 to Rs. 1500,000

Rs 90,000 + 20% on income more than Rs 12,00,000

​Above Rs. 15,00,000

Rs 150,000 + 30% on income more than Rs 15,00,000


Income Tax Slab for People Between 60 to 80 Years

Tax Slabs

Rates

Rs. 3 lakhs

​NIL

​Rs. 3 lakhs - Rs. 5 lakhs

5.00%

​Rs. 5 lakhs - Rs. 10 lakhs

​20.00%

​Rs. 10 lakhs and more

​30.00%


Income Tax Slab for People More than 80 Years

Below-mentioned is the Senior citizen tax slab in detail-

Tax Slabs

​Rates

​Rs. 5 lakhs

NIL

​Rs. 5 lakhs - Rs. 10 lakhs

20.00%

​Above Rs. 10 lakhs

30.00%


In addition to e-filing your income tax returns, you can also keep track of your tax filings, refunds, and other related information on the Income Tax Department's website.

In conclusion, e-filing your income tax return in India is a simple and straightforward process that can be completed online. By using the Income Tax Department's website and following the steps outlined above, you can easily calculate your tax liability, file your return, and ensure that you are in compliance with the Indian income tax system. So, don't wait any longer - start e-filing your income tax return today!

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