Quick Summary
Introduction In a progressive move to support its delivery partners, Zomato has enabled Income Tax Return (ITR) filing through its partner app. This initiative aims to help delivery riders reclaim the 1% Tax Deducted at Source (TDS) on their earnings. Swift Adoption Within just 48 hours of launch
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FAQ :
Zomato has enabled Income Tax Return (ITR) filing through its partner app to help delivery partners reclaim the 1% Tax Deducted at Source (TDS) on their earnings.
Delivery partners are expected to reclaim approximately Rs 40 crore in total TDS deductions, with individual refunds depending on their taxable income.
Within 48 hours of its launch, over 1 lakh riders had initiated their ITR filing through the Zomato partner app.
Besides reclaiming TDS, this initiative introduces partners to formal tax filing, potentially opening doors to structured credit, scholarships for their children, and other financial benefits.
Experts view this move as a positive development that formalises income reporting for gig workers, potentially encouraging other companies to follow suit and contributing to the state exchequer.
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