New Initiatives

More than 13,500 PAN application receipt Centers all over India

More than 20 Lakh PAN applications processed per month

Corporates get PAN and TAN allotment immediately after issue of Corporate Identity Number (CIN) by MCA

Facility of payment of taxes through Net Banking/ATMs & at more than 17,000 branches of 31 designated banks

Seamless e-Filing facility for uploading of Income Tax Returns anywhere and anytime around the clock

About 2,00,00,000 returns filed till 31st Aug’ 15 in current financial year

Automated ecosystem for processing of returns

Capacity – Peak 5 Lakh returns per day

Average processing time reduced from 12 to 14 months to 55 days

Minimal human interface

Refunds sent through Electronic and cheque mode (over 1,35,00,000 Refund sent in FY 14-15)

Refund status (paid/unpaid) and the reasons for non-payment available online

Online provision for viewing of tax credits and specified transactions to the taxpayer