Jio Financial Services has added a new feature to its JioFinance app that could make life easier for anyone dreading the income tax filing process. In partnership with TaxBuddy, the app now offers both tax planning tools and the option to file income tax returns directly from your phone.
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Jio Financial Services has added a new feature to its JioFinance app that could make life easier for anyone dreading the income tax filing process. In partnership with TaxBuddy, the app now offers both tax planning tools and the option to file income tax returns directly from your phone.
There are two filing options: a self-service plan that starts at just ₹24, aimed at those confident enough to file on their own with some digital guidance, and an expert-assisted plan starting at ₹999, where a tax professional reviews and files your return.
More Than Just Filing
It’s not just about submitting your return — the app also has a “Tax Planner” that helps you keep track of your deductions, compare the old and new tax regimes, and calculate house rent allowance benefits. The goal is to project your tax liabilities in advance and help you make smarter financial decisions throughout the year.
How It Works
The process is straightforward. You enter your income details, upload any necessary documents, and the app runs checks to help you avoid errors. If you opt for expert assistance, a tax pro steps in to guide you and ensure everything is in order before filing. Once it’s done, you can track the status of your return, see refund updates, and even get alerts if there are any notices from the tax department — all in one place.
Why It Matters
With the filing deadline coming up, a lot of people — especially first-time or casual filers — find themselves scrambling. Many turn to accountants or agents, which can be costly. This in-app option offers a cheaper, more transparent alternative while still letting you choose between doing it yourself or getting professional help.
Jio Financial Services CEO Hitesh Sethia says the aim is to take the complexity out of taxes and give people better visibility over their liabilities all year, not just during filing season.
The Bigger Picture
By adding tax filing to its growing list of financial services, JioFinance is positioning itself as a one-stop shop for personal finance. For users, that means fewer apps to juggle and more services under one roof — from tracking expenses to paying bills, and now, managing taxes.
If it works as promised, this feature could be a game-changer for people who want a simple, affordable way to stay on top of their taxes without the annual headache.
Sources: Financial Express, Economic Times, Business Standard, PTI, The Week