New data from the Income Tax Department reveals that over 9.11 crore registered users have filed their Income Tax Returns (ITR) for the financial year 2024-25 as of February 28, 2025. This is a significant number, considering the total registered users stand at 13.96 crore, meaning more than 65% of taxpayers have already filed their returns.
Increase in E-Verified Tax Returns
Out of the total filings, 8.56 crore tax returns have been e-verified, ensuring faster processing and refunds. The Income Tax Department has also issued ₹3.92 lakh crore in refunds up to February 28, 2025.
Rise in High-Income Tax Filers
A notable trend in this year’s filings is the number of high-income taxpayers:
| Income Range (₹) | Number of Filers |
|---|---|
| 1 – 5 crore | 3,89,380 |
| 5 – 10 crore | 36,274 |
| Above 10 crore | 43,004 |
| Total (Above ₹1 crore) | 4,68,658 |
This means that 4.68 lakh taxpayers reported incomes of more than ₹1 crore in FY 2024-25.
State-Wise Tax Filings
Maharashtra leads in the number of ITR filings, followed by Uttar Pradesh and Gujarat. The state-wise data is as follows:
- Maharashtra: 1.38 crore tax filers
- Uttar Pradesh: 90.68 lakh
- Gujarat: 87.90 lakh
- Delhi: 44.45 lakh
- Punjab: 43.79 lakh
- Andhra Pradesh: 30.76 lakh
- Taxpayers outside India: 87,501
Growth in ITR Filings Across Forms
There has been considerable growth in ITR filings compared to last year:
- ITR-1: 0.11% growth
- ITR-2: 33.89% growth
- ITR-3: 15.50% growth
- ITR-5: 6.46% growth
- ITR-6: 5.59% growth
Increased Use of Tax Department’s Utility
Interestingly, over 40% of taxpayers used the Income Tax Department’s online filing utility to submit their returns, ensuring faster processing.
With tax compliance on the rise and high-income earners increasing, the latest data highlights a positive trend in India’s tax ecosystem for FY 2024-25.
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