According to the FM the Income Tax portal would be completely operational in 2-3 days.

finance Minister

Nirmala Sitharaman, the Minister of Finance and Corporate Affairs, stated on Monday that the new income tax portal would be fully operational in two to three days, with all technical issues ironed out by the contractor Infosys.

Many important functions of the tax portal have been non-starters since its inception in early June, and the Minister confessed that it still has "some difficulties."“Revenue Secretary [Tarun Bajaj] has been neutrally monitoring the progress on fixing the portal on a weekly basis. Nandan Nilekani [Infosys co-founder and chairman] keeps sending me messages saying: ‘This is where we are at’, ‘I assure you..’ and ‘we will sort it out.’ Hopefully, in another two-three days, it should be complete,” Ms. Sitharaman said, emphasising that she has been harping on Infosys to ‘not let the taxpayers down' with frequent reminders.

She stated the Finance Ministry is in the final stages of notifying the rules linked to the taxation law reform to eliminate the retrospective tax clause, when asked about talks with Cairn about resolving the retrospective tax dispute. “The important characteristics are already mentioned in the modifications, but the rules have yet to be notified,” she said, implying that Cairn may not make a decision on resolving the dispute until then.



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