Both companies are offering do-it-yourself (DIY) and expert-assisted ITR filing options, with self-filing plans starting at ₹24.
The services are aimed at salaried individuals as well as taxpayers with more complex filing requirements, including business income, capital gains, cryptocurrency transactions, foreign income and non-resident (NRI) filings.
The tax filing solutions are powered by TaxBuddy, a registered E-Return Intermediary (ERI), and are integrated into the two apps, allowing users to file returns without visiting external portals.
JioFinance said its tax filing module includes features such as automated data retrieval from the Income Tax Department portal, tax planning tools, tax regime comparison, deduction estimation under provisions such as Sections 80C and 80D, and refund tracking. The company said taxpayers’ data will be processed within TaxBuddy’s regulated framework for the sole purpose of filing income tax returns.
PhonePe said its new feature enables users to file ITRs and manage monthly GST compliance from within the app. Besides self-filing, it offers expert-assisted filing for complex tax situations and GST filing services for freelancers and small businesses.
While both platforms have introduced self-filing plans starting at ₹24, JioFinance has disclosed a detailed pricing structure. DIY filing for salaried taxpayers ranges from ₹24 to ₹499 depending on annual income, while plans for taxpayers with capital gains, cryptocurrency or futures and options (F&O) income start at ₹99. Its expert-assisted plans begin at ₹649 for salaried taxpayers and extend up to ₹2,924 for categories such as business income, NRIs, foreign income, crypto and F&O.
In addition to tax filing, JioFinance has linked the service to its JioPoints rewards programme, under which users may receive redeemable rewards worth up to 25% of the filing fee, subject to terms and conditions.
