Jio Financial Services Limited(JFSL) on Monday has launched a tax planning and filing module on its JioFinance app in collaboration with tax buddy. This aims to make tax planning and Income Tax Return(ITR) filing easier and affordable.
Tax filing feature is designed to address common difficulties such as confusion between old and new tax regimes, helping customers save taxes by ensuring deductions under sections like 80C and 80D are not missed, and eliminating over-reliance on costly intermediaries.
Tax planner helps individuals project and reduce their future tax liabilities by offering personalised deduction mapping, housing rent allowance evaluation, and regime comparisons.
The tax filing feature allows users to either to opt for self service option (file returns themselves), or opt for expert-assisted filing( expert will assist in tax filing), with plans starting as low as Rs 24 for self-service options, and Rs 999 for assisted options.
Hitesh Sethia, Managing Director and CEO, Jio Financial Services Limited said, “With the deadline for filing taxes approaching, our goal is to remove the complexity that a lot of people associate with tax filing. It is equally important to empower customers with effective tax planning services, allowing them to optimise and maintain visibility over their tax liability through the financial year.”
For assessment year 2025–26, self-filing plans on other popular online tax platforms generally start between ₹199 and ₹499. Expert-assisted plans on these platforms typically range from ₹799 to over ₹2,000, depending on the complexity of the return and the level of support provided.