9.19 Crore ITRs Filed in FY25: More than 9.19 crore people filed income tax returns during the last financial year ending on March 31, 2025. During the financial year 2024-25, At the same time,the number of e-verified returns till March 31, 2025 was 8.64 crore.
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9.19 Crore ITRs Filed in FY25
The number of refunds issued during FY 2024-25 till March 31, 2025, was ₹4,35,008, crore recorded an increase. It is worth noting that the number of people filing returns has been increasing rapidly in the last 3 years. The total number of returns filed in the financial year 2024-25 was 9.19 crores, whereas in the previous financial year 2023-24, this number was 8.52 crores, and in the financial year 2022-23, this number was 7.78 crores. Compared to last year’s figures, this year the growth was seven percent, and compared to the financial year 2023, this year the growth was 18 %.
3.24 Lakh People Filed Returns of Rs 1 Crore
A total of 3.24 lakh individuals filed their income tax returns for more than one crore before March 31, 2025. Of these, a total of 2.97 lakh individuals filed their tax returns for income between 1 and 5 crores.
9.19 Crore ITRs Filed in FY25: Income Tax Return Fact File FY2025
- Total Returns Filed: 9.19 crore
- E-verified Returns: 8.64 crore
- Refunds Issued: ₹4,35,008 crore
- Number of Filers with Income Below ₹5 Lakh: Approximately 4.19 crore
- Number of Filers with Income Between ₹5 Lakh to ₹10 Lakh: 3.4 crore
- Number of Filers with Income Between ₹10 Lakh to ₹50 Lakh: 1.34 crore
- 1 crore to ₹5 crore income: 2.97 lakh individuals
- 5 crore to ₹10 crore income: 16,797 individuals
- Above ₹10 crore income: 10,184 individuals
- Maximum income tax returns (4.19 crore) were filed by those with income less than Rs 5 lakh.
Maharashtra Leads On ITRs Filed in FY25
Maharashtra (1.39 crore) was the leading state in the country where the highest number of ITRs were filed.
Income tax returns were 9.19 Crore ITRs filed in FY25.
- UP (91.38 lakh)
- Gujarat (88.58 lakh)
- Rajasthan (59.77 lakh)
- Tamil Nadu (57.27 lakh)
- Karnataka (53.62 lakh)
- Delhi (44.66 lakh)
- Punjab (44.26 lakh).
43,000 Organizations Filed More Than 10 Crore ITR
If we look at the income tax department issue data of companies, trusts, associations of persons, government bodies and local authorities, there are a total of 4.68 lakh tax filers who have filed tax returns on income of more than ₹ 1 crore. Out of these, 3.89 lakh organisations had an income between ₹1-5 crores. 36,000 organisations had income between ₹5-10 crores and 43,000 organisations had income of more than ₹10 crores.
Over 9.19 crore ITRs filed for FY 2024-25.
— CA Chirag Chauhan (@CAChirag) April 11, 2025
Top income slabs:
26,981 taxpayers filed for income over ₹5 crore in FY 2024-25. 16,797 filers with ₹5 – ₹10 crore income, 10,184 above ₹10 crore.
Tax base grows strong thanks to FM @nsitharaman initiatives in last few years pic.twitter.com/8SBN8EuyF7
This data means that people are bringing their income into the tax system. However, these figures show that the number of high-income earners is increasing, but there has still not been a big change in the income of the common man. Transparency in the tax system is increasing, but the burden of inflation and expenses is also not decreasing. The Indian government needs to make the tax system easier so that small and middle-class people can also join it. If this does not happen, economic inequality may increase.
Jay Chavda He is the Founder and Writer of businesspulsecare.com. He is an I.T Engineer, Freelancer, Businessman. He posts Business, Stock/Share Market, Finance Related News and updates on the website. 🔗