Jio Financial Services Launches Tax Filing Module on JioFinance App
Jio Financial Services Limited (JFSL) has introduced a new tax planning and filing module on its JioFinance app, developed in collaboration with TaxBuddy. The module includes a Tax Planner for estimating future tax liabilities and comparing tax regimes, and a Tax Filing feature for direct tax return submission. JFSL offers competitive pricing with self-filing starting at ₹24.00 and expert-assisted services from ₹999.00. Additional features include real-time return status monitoring, tax refund tracking, and personalized alerts. This move expands JFSL's fintech offerings and could potentially disrupt the online tax filing market.

*this image is generated using AI for illustrative purposes only.
Jio Financial Services Limited (JFSL) has introduced a new tax planning and filing module on its JioFinance app, marking a significant expansion of its digital financial services offerings. Developed in collaboration with TaxBuddy, this new feature aims to simplify the tax filing process for users while providing competitive pricing options.
Key Features of the New Tax Module
The newly launched module on the JioFinance app includes two main components:
Tax Planner: This tool allows users to estimate their future tax liabilities and compare different tax regimes, enabling more informed financial decision-making.
Tax Filing: Users can now file their tax returns directly through the app, with options for both self-filing and expert-assisted services.
Pricing Structure
JFSL has introduced a tiered pricing model for its tax services:
Service Type | Starting Price |
---|---|
Self-filing | ₹24.00 |
Expert-assisted | ₹999.00 |
This pricing strategy positions JFSL competitively in the online tax filing market, where self-filing services typically start between ₹199.00 and ₹499.00, and assisted plans range from ₹799.00 to over ₹2,000.00.
Additional Features
The tax module also offers several user-friendly features to enhance the tax filing experience:
- Real-time monitoring of return status
- Tracking of tax refunds
- Personalized tax-related alerts
Market Impact
By integrating tax services into its JioFinance app, JFSL is expanding its footprint in the fintech sector. This move could potentially attract a wider user base, especially among young professionals and first-time tax filers who prefer digital solutions for their financial needs.
The competitive pricing, particularly the ₹24.00 starting point for self-filing, may disrupt the existing online tax filing market, potentially forcing other players to reassess their pricing strategies.
As JFSL continues to diversify its offerings, this latest addition to the JioFinance app demonstrates the company's commitment to providing comprehensive financial services through digital platforms. The success of this tax module could pave the way for further innovations and expansions in JFSL's digital financial ecosystem.
Historical Stock Returns for Jio Financial Services
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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-0.97% | +0.58% | +2.60% | +47.29% | +2.25% | +31.54% |