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.

Tax refunds worth Rs 26,242 crore to tax assesses since April 1: CBDT

May 22, 2020

New Delhi [India], May 22 : The Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs. 26,242 crore to 16,84,298 tax...

Biggest tax scam surfaces in Pakistan's revenue board

Feb 06, 2022

Islamabad [Pakistan], February 6 : Biggest tax scam has surfaced in Pakistan's Federal Board of Revenue (FBR) under the Imran Khan government where tax...

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...

I-T Dept has taken several initiatives to ensure ease of compliance for taxpayers: Principal Chief Commissioner, Andhra Pradesh and Telangana

Jul 07, 2023

Principal Chief Commissioner of Income Tax, Andhra Pradesh and Telangana, Mita Madhusmita was addressing a press conference on the 'Issue of Suspicious Refunds' being...

Income tax refunds of Rs 1.71 lakh crore released till 14th Feb

Feb 16, 2022

New Delhi [India], February 16 : The Central Board of Direct Taxes (CBDT) has issued income tax refunds of Rs 1.71 lakh crore to...