IT returns to be processed in one day from current 63 days
Infosys will develop the next-generation income tax filing system, which will reduce the processing time for returns to one day from the current average of 63 days, the government said. The project, costing over â¹4,200 crore, will be completed in 18 months. Its objectives include faster and accurate outcomes for taxpayers and enhancing user experience at all stages, among others.