The government has announced the launch of a monthly compliance tracker for corporate taxpayers, aimed at enhancing transparency, improving tax discipline, and reducing last-minute filing pressures. This digital tool will provide companies with personalized reminders, due date alerts, and activity summaries related to their statutory obligations under the Income Tax Act. It is part of a broader initiative to simplify the compliance ecosystem and foster a proactive tax culture.

The tracker will be integrated into the income tax e-filing portal, enabling real-time updates on advance tax payments, TDS deposits, form submissions, and filing milestones. It will also feature status indicators for pending tasks and offer downloadable reports to assist with internal audits and board-level reviews. By providing a centralized view of ongoing and upcoming requirements, the tool is designed to support timely and accurate tax reporting.

Corporate taxpayers, especially those with complex structures or multiple locations, stand to benefit significantly from this automation. The compliance tracker is expected to reduce the risk of penalties and interest liabilities, streamline internal planning, and strengthen overall governance. This reform underscores the government’s focus on digital tax administration and taxpayer service improvement, offering a smarter, more accountable way to manage corporate tax obligations.