500 non-existent firms claimed bogus GST refunds; two more arrested

Sep 19, 2024

The arrested persons are accused of being major recipients of the fake GST refunds and were closely involved in facilitating the fraudulent claims.

54 Crore GST Refund Scam exposed by Delhi's Anti-Corruption Branch

Aug 13, 2024

In a massive crackdown, the Anti-Corruption Branch (ACB) of Delhi has uncovered a scam involving fraudulent GST refunds within the Trade & Taxes department...

I-T dept issues 66.92 pc higher refunds till November for FY23

Dec 13, 2022

According to the finance ministry, income tax department has sped up the issue of refunds till November in fiscal 2022-23 (FY2022-23) compared to the...

CBDT issues refunds of Rs 1,15,917 crore

Nov 10, 2021

New Delhi [India], November 11 : Central Board of Direct Taxes has issued refunds of over Rs 1,15,917 crore to more than 98.90 lakh...

Tax refunds up by 46.31% to Rs 3.08 lakh crore in FY 2024-25: Finance Ministry

Dec 12, 2024

The Finance Ministry announced on Thursday a significant improvement in the issuance of tax refunds for the financial year 2024-25.

Vistara to stabilise flight operations for rest of April by weekend: CEO Vinod Kannan

Apr 06, 2024

The airline said it has been reaching out to all customers affected by the delays and cancellations to offer relevant refunds and compensation.