Taxation
Income Tax Portal
pronounced: [I-n-c-o-m-e- -T-a-x- -P-o-r-t-a-l]
The official e-filing portal (incometax.gov.in) operated by the Income Tax Department for filing ITR online, submitting Form 16, tracking refunds, and managing income tax compliance.
Example
For FY 2024-25, an individual earning ₹15 lakh/year in the new tax regime pays ₹1.04 lakh tax (after standard deduction). This includes zero tax up to ₹7 lakh under Section 87A rebate. Old regime tax on the same income would be ₹1.56 lakh (without deductions).
Frequently Asked Questions
Last updated: 21 May 2026