India Records All-Time High of 9.19 Crore Income Tax Returns Filed in FY 2024–25

India recorded an all-time high in income tax return (ITR) filings for the financial year 2024–25, with 9.19 crore returns submitted by March 31, 2025. This marks an 8% increase from the previous year, continuing the upward trend in tax compliance. In comparison, 8.52 crore returns were filed in 2023-24, and 7.78 crore in 2022-23.

Out of the total filed returns, 8.64 crore were e-verified, meaning the taxpayers confirmed their returns online through Aadhaar OTP, bank account verification, or other digital means. After successful verification, the Income Tax Department issued refunds worth Rs. 24.35 lakh crore, helping millions of people recover extra tax they had paid during the year.

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One of the biggest contributors to this surge in filings is technology. The Income Tax portal now offers features like pre-filled forms, AI-based suggestions, and real-time error checks, which have made it easier even for first-time users to file their returns without professional help. Many taxpayers also use third-party platforms or apps that simplify the process even more.

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Another major reason for the rise in returns is the growing number of people applying for home loans, business credit, and personal finance options. Most lenders now ask for ITR documents as proof of income, even for those not otherwise required to file returns. So, more people are choosing to file voluntarily.

Among states, Maharashtra led the way with 1.39 crore returns filed, followed by Uttar Pradesh with 91.38 lakh, and Gujarat with 88.58 lakh. These states are not only economically strong but also show good digital adoption, contributing to higher tax compliance.

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For people still wondering whether they should file an ITR, experts suggest that even if your income is below the taxable limit, it’s a good idea to file. Benefits include:

• Faster loan approvals
• Easier access to visa applications
• Serving as proof of income for renting properties or educational purposes
• Claiming TDS refunds if excess tax has been deducted by employers or banks

The government is also encouraging more people to file voluntarily by offering rewards like faster refunds, pre-filled data, and lower scrutiny for early filers, and failing to file ITR if you are required to can lead to penalties and even legal action in serious cases.

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