{"id":44313,"date":"2024-09-10T13:14:24","date_gmt":"2024-09-10T07:44:24","guid":{"rendered":"https:\/\/plyinsight.com\/?p=44313"},"modified":"2024-10-01T10:35:49","modified_gmt":"2024-10-01T05:05:49","slug":"new-it-regime-a-hit-in-record-7-28-crore-itrs","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/new-it-regime-a-hit-in-record-7-28-crore-itrs\/","title":{"rendered":"\u0928\u0908 \u0915\u0930 \u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e \u0939\u093f\u091f, \u0930\u093f\u0915\u0949\u0930\u094d\u0921 7.28 \u0915\u0930\u094b\u0921 \u0906\u0908\u091f\u0940\u0906\u0930 \u0926\u093e\u0916\u093f\u0932"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p><span style=\"color: #000000;\">There has been a significant surge in filing of Income Tax Returns (ITRs), which resulted in a new record. Over 7.28 crore ITRs were filed for the assessment year (AY) 2024-25 by the deadline of July 31, 2024. This marks a 7.5 per cent increase compared to the 6.77 crore ITRs in AY 2023-24, filed by July 31, 2023.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>The department also received 58.57 lakh individuals filing ITRs for the first time by the deadline ITRs till July 31, 2024, a fair indication of widening of tax base. <\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">According to the data, over 72 per cent of the taxpayers have opted for the New Tax Regime this year, while the remaining 28 per cent opted for the old regime. Out of the total ITRs of 7.28 crore filed for AY 2024-25, 5.27 crore have been filed in the New Tax Regime compared to 2.01 crore ITRs filed in the old Tax Regime.<\/span><\/p>\n<p><span style=\"color: #000000;\">The new regime is the default system, i.e., if the taxpayer has not chosen the option, then it is automatically implemented. If a person does not have business income, then he can choose and opt any tax system, which suits him.<\/span><\/p>\n<p><span style=\"color: #000000;\"><a href=\"https:\/\/www.avsl.co.in\/contact.php\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-42110 \" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2024\/02\/AVSL.gif\" alt=\"AVSL gif\" width=\"1262\" height=\"142\" \/><\/a><\/span><\/p>\n<p><span style=\"color: #000000;\">To make the new tax regime attractive, changes have been made in the income tax slab in Budget 2024. This change is mainly at the lower level of low tax structure, which will benefit the salaried class.<\/span><\/p>\n<p><span style=\"color: #000000;\">The Income Tax Department has decided not to extend the last date for filing returns beyond July 31 for the third consecutive year. Filing ITR after the deadline will attract a penalty of up to Rs 5,000. However, small taxpayers whose taxable income is up to Rs 5 lakh. Will have to pay only Rs 1000.<\/span><\/p>\n<p><span style=\"color: #000000;\">This time the highest number of 69.92 lakh income tax returns were filed on the last date 31 July 2024.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-44317 aligncenter\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-10-132849.jpg\" alt=\"\" width=\"489\" height=\"216\" srcset=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-10-132849.jpg 722w, https:\/\/plyinsight.com\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-10-132849-300x133.jpg 300w, https:\/\/plyinsight.com\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-10-132849-18x8.jpg 18w\" sizes=\"auto, (max-width: 489px) 100vw, 489px\" \/><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"color: #ff0000;\"><strong>\u00a0<\/strong><strong>\ud83d\udc47 Please Note\u00a0<\/strong><strong>\ud83d\udc47<\/strong><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #ff0000;\"><strong>Thank you for reading our article!<\/strong><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #ff0000;\"><strong>If you don&#8217;t received industries updates, News &amp; our daily articles<\/strong><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #ff0000;\"><strong>please Whatsapp your Wapp No. or V Card on 8278298592, your number will be added in our broadcasting list.<\/strong><\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><a href=\"https:\/\/plyinsight.com\/placement-wanted\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34611 size-full\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted.jpg\" alt=\"\" width=\"1433\" height=\"303\" srcset=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted.jpg 1433w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-300x63.jpg 300w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-1024x217.jpg 1024w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-768x162.jpg 768w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-18x4.jpg 18w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-600x127.jpg 600w\" sizes=\"auto, (max-width: 1433px) 100vw, 1433px\" \/><\/a><\/p>\n<hr \/>\n<div class=\"wpb_raw_code wpb_raw_html wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<html>\n<head>\n<\/head>\n<body>\n  <marquee behavior=\"scrolling\" direction=\"left\" scrollamount=\"3\" seamless>\n    <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/10\/Logos-2.png\" width=\"800\" height=\"600\" alt=\"Natural\" \/>\n <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/10\/Logos-2.png\" width=\"800\" height=\"600\" alt=\"Natural\" \/>\n  <\/marquee>\n<\/body>\n<\/html>\n\t\t<\/div>\n\t<\/div>\n[\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>There has been a significant surge in filing of Income Tax Returns (ITRs), which resulted in a new record. Over 7.28 crore ITRs were filed for the assessment year (AY) 2024-25 by the deadline of July 31, 2024. This marks a 7.5 per cent increase compared to the 6.77 crore ITRs in AY 2023-24, filed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":44314,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8072],"tags":[8188,7977,301,250,2308,4182,4181,8189,295,6980,1423],"class_list":["post-44313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-september-articles-2024","tag-assessment-year","tag-budget-2024","tag-government","tag-gst","tag-income","tag-income-tax-return","tag-itr","tag-new-tax-regime","tag-tax","tag-tax-system","tag-taxpayers"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New, IT regime a Hit in Record 7.28 crore ITRs - PLY INSIGHT<\/title>\n<meta name=\"description\" content=\"The department also received 58.57 lakh individuals filing ITRs for the first time by the deadline ITRs till July 31, 2024\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/new-it-regime-a-hit-in-record-7-28-crore-itrs\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New, IT regime a Hit in Record 7.28 crore ITRs - 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