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J&K ITR filers up by 43% in 5 years; 59% declare zero tax

News Desk by News Desk
February 11, 2025
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The number of people filing Income Tax Returns (ITRs) in Jammu & Kashmir has seen a notable increase over the past five years while Ladakh has recorded a dip from 1,465 to 1,322 in 2024-25.

According to data presented in the Lok Sabha by the Ministry of Finance, the number of ITR filers in J&K rose from 4,49,249 in FY 2019-20 to 6,43,197 in FY 2024-25.

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Similarly, in Ladakh, where tax filings were previously unrecorded as a separate entity, 1,465 individuals filed returns in FY 2023-24, with 1,322 filings already recorded for FY 2024-25.

“The rise in tax filings in J&K is part of a broader trend across India, where the government’s digital reforms, tax simplifications, and increased financial surveillance have encouraged more individuals to declare their incomes,” reads.

Ladakh, which became a separate Union Territory in 2019, has begun reporting independent tax filing data.

While the rise in tax filings is a positive sign, a substantial portion of these filers in J&K reported zero tax liability.

The data shows that out of the 6,43,197 filers in J&K in FY 2024-25, approximately 3,81,691 (nearly 59%) had no tax liability.

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This suggests that while many are filing returns, their declared income remains below the taxable threshold.

The situation is similar in Ladakh, where 1,021 out of 1,322 tax filers (77%) reported zero tax liability—(KNO)

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