JioFinance’s ₹24 ITR Filing Plan: Good for Salaried Individuals, But Not for Everyone

JioFinance has launched an ITR filing plan for just ₹24, making tax returns easy and cheap. While it sounds attractive, this option is not for every taxpayer. It works best only for individuals with very simple tax situations.

Who Can Use This Plan?

The ₹24 plan is suitable for:

• Taxpayers filing ITR-1
• Salaried individuals with income up to ₹5 lakh annually
• People with simple deductions and only one Form-16
• Those filing a nil return

So, if your income is only from salary and you don’t have business income, capital gains, or foreign assets, this plan may work well for you.

Why It Doesn’t Work for Everyone

This plan is not suitable for:

• Business owners
• People earning from capital gains (shares or mutual funds)
• Individuals with foreign income or assets

Such taxpayers need expert guidance, as filing incorrect details can lead to notices from the tax department.

Expert-Assisted Filing Plan

For those with complex tax returns, JioFinance also offers an expert-assisted plan at ₹999, in partnership with TaxBuddy. This is in line with other platforms like ClearTax and TaxManager, which charge between ₹999–₹2,500.

Meanwhile, self-filing plans on other platforms usually cost between ₹199–₹499.

Extra Features of the JioFinance App

Apart from filing ITR, users can:

• Track refund status
• Check return status
• Get tax-related alerts and notifications

This makes the app a step closer to being a one-stop tax solution.

Read More: ITR Filing FY25: Who Should File ITR-3, Due Dates, Applicability and Key Changes.

ITR Filing Deadline for AY 2025-26

The government has extended the deadline for ITR filing till September 15, 2025. So far, around 3 crore returns have been filed, but only about 40% processed.

Conclusion

JioFinance’s ₹24 ITR plan is best for salaried individuals with simple tax needs, like ITR-1 or nil returns. However, taxpayers with business income, capital gains, or foreign assets should go for the expert-assisted option. Filing accurately is crucial to avoid future penalties and notices.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.