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<h1>Record 7.28 Crore ITRs Filed for AY 2024-25, 72% Under New Tax Regime; E-Filing Portal Handles Peak Traffic Smoothly.</h1> A record 7.28 crore Income Tax Returns (ITRs) were filed for the Assessment Year 2024-25 by July 31, 2024, marking a 7.5% increase from the previous year. Of these, 72% were filed under the New Tax Regime. The peak filing day saw over 69.92 lakh ITRs submitted. The e-filing portal handled significant traffic smoothly, with 6.21 crore ITRs e-verified, primarily through Aadhaar-based OTP. The tax department's outreach and educational campaigns contributed to this surge. Additionally, 58.57 lakh first-time filers were recorded, indicating a broadening tax base. The department urges timely verification and filing of pending ITRs.
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