With the income tax return (ITR) filing season in full swing, Jio Financial Services Ltd (JFSL) has introduced a new tax planning and filing feature on the JioFinance App, aimed at helping taxpayers select the right tax regime and maximise deductions.
According to JFSL, the feature-packed module has been developed in partnership with TaxBuddy, an online tax filing and advisory platform, to deliver a guided, digital-first tax filing experience with expert assistance and built-in compliance checks.
Key Highlights of the New JioFinance Tax Module
- Tax Regime Selection: Helps users choose between the old and new tax regimes based on their income and eligible deductions.
- Maximised Deductions: Ensures taxpayers don't miss key exemptions under sections such as 80C and 80D.
- Personalised Tax Planning: Offers deduction mapping, future tax liability projection, and regime comparison.
- Affordable Plans: Self-service tax filing starts at just Rs 24, while expert-assisted options begin at Rs 999.
The tool is designed to eliminate common hurdles like confusion over regime selection, overlooked deductions, and dependency on expensive intermediaries.
Hitesh Sethia, MD & CEO of Jio Financial Services Limited, said:
"With the deadline for filing taxes approaching, our goal is to remove the complexity people often associate with tax filing. We also aim to empower customers with effective tax planning services, enabling them to optimise and track their tax liability throughout the year."
JFSL added that integrating this module into the JioFinance App will provide a seamless tax transaction experience with expert support, transparent pricing and clear insights, furthering its mission to offer accessible, digital-first financial solutions to Indians.
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