The Ministry of Finance to launch the new income tax portal for e-filing from 7th June 2021.

The Ministry of Finance is set to launch its new e-filing portal for taxpayers from today and it is aimed at providing taxpayer convenience and a modern, seamless experience to taxpayers.

The new portal will simplify all services, making it highly user-friendly for all users. All interactions and uploads or pending actions will be displayed on a single dashboard for follow-up action by taxpayer;

Taxpayers will be able to proactively update their profile to provide certain details of income including salary, house property, business/profession which will be used in pre-filling their ITR. Detailed enablement of pre-filling with salary income, interest, dividend and capital gains will be available after TDS and SFT statements are uploaded (due date is June 30th, 2021)

Further, it is clarified that the new tax payment system will be launched on June 18th, 2021 after the advance tax installment date to avoid any taxpayer inconvenience. The mobile app will also be released subsequent to the initial launch of the portal, to enable taxpayers to get familiar with the various features.