New income tax portal to function normally from first week of August

finance Ministry expects the new income tax portal to function normally from the first week of August

New tax (IT) portal will be sorted out soon and also the website will work normally by the primary week of August.  the Finance Ministry is hoping that the technical problems with the , sources informed CNBC-TV18. reforms,” sources said. Infosys was awarded a contract in 2019 to develop new income tax filing system to cut back processing time for returns from 63 days to one day and expedite refunds. income tax Department had launched its new e-filing portal– http://www.incometax.gov.in- on June 7, 2021. Since then, technical glitches are affecting the functioning of the new income tax portal as a number of the major utilities like e-Proceedings and Digital Signature Certificates don’t seem to be yet functional. Infosys is still functioning on resolving all the problems that taxpayers face on the new tax Portal, a project which has been betrothed with IT Belvedere that the govt has sanctioned Rs 4241 crore, the company said that a lot of issues are resolved and therefore the new platform has filed 10 lakh tax returns to date.

Infosys had faced severe criticism from taxpayers for persistent glitches on the platform since its launch on June 7. minister of finance Nirmala Sitharaman had called a gathering of Infosys executives on June 22 to resolve the difficulty, and through her visit to Bengaluru period of time ago, she said that Infosys was still resolving the problems and a few are still unresolved.

Infosys COO Pravin Rao said during the corporate’s Q1 earnings conference that the taxation portal could be a “top priority” for the company

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