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2021 TAX REFUNDS
Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
US inflation tops 4% for first time in three years, boosts Fed hike betsUS inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. Thi...
Jobs report for May pushes US Fed interest rate expectations, yields higher. What does this mean?Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare c...
Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
Pernod’s Delhi drought deepens as Indian court rejects liquor sales pleaA French liquor giant's bid to restart sales in New Delhi has been denied by an Indian court. This marks three years since the company's pr...
Why Pernod Ricard is facing heat in one of its most crucial liquor marketsFrench liquor giant Pernod Ricard faces significant hurdles in India, its largest global market by volume. The company is embroiled in a ma...
Charting the global economy: US job growth exceeds projectionsUS employers added more jobs than expected for a second month. Germany's industrial output declined again. Australia's central bank raised ...
US stocks today: Nasdaq, S&P 500 hit fresh highs as US market extends gains after best month in yearsWall Street's major indexes opened higher on Friday, extending their strongest monthly gains in years. Investor confidence in robust earnin...
Millions of Americans could lose $946 each in unclaimed tax refunds, IRS issues urgent call as national deadline rapidly closes inUnclaimed tax refunds 2021 could cost over a million Americans an average of $946 if they don’t act before the April 15 deadline. The IRS i...
Pending income tax refunds relating to AY 2021-22 would be processed by this date; check email for confirmationIncome tax refund: The Central Board of Direct Taxes (CBDT) has said that individuals who are still waiting to get their tax refund for FY ...
CBDT issues Rs 1.54 lakh crore refunds to taxpayers"CBDT issues refunds of over Rs 1,54,302 crore to more than 1.59 crore taxpayers from 1st Apr, 2021 to 10th January, 2022," the Income Tax ...
CBDT issues Rs 1,50,407 crore refund from Apr 1, 2021 to Jan 3, 2022: How to check income tax refund statusThe income tax refund is processed by State Bank of India (SBI) and is directly credited to the bank account nominated by the taxpayer in h...
Income tax refunds of Rs over 1 lakh crore issued during this fiscal: CBDTThis figure includes income tax refunds of Rs 27,965 crore in 76,21,956 cases and corporate tax refunds of Rs 74,987 crore in 1,70,424 case...
CBDT issues refunds of Rs 92,961 cr to 63.23 lakh taxpayers"CBDT issues refunds of over Rs 92,961 crore to more than 63.23 lakh taxpayers from April 1, 2021 to October 18, 2021. Income tax refunds o...
Income tax refunds of Rs 80,086 cr issued during this fiscal: CBDTThis figure includes income tax refunds of Rs 19,699 crore in 47,53,254 cases and corporate tax refunds of Rs 60,387 crore in 1,63,021 case...
Income Tax department issues refunds worth Rs 26,276 crore in two months of FY22In the previous fiscal which ended on March 31, 2021, the department had issued Rs 2.62 lakh crore worth refunds to more than 2.38 crore ta...
I-T department issues Rs 24,792 cr refunds so far this fiscalOf this personal income tax refunds worth Rs 7,458 crore has been issued in over 14.98 lakh cases. Corporate tax refunds of Rs 17,334 crore...
I-T Department issues Rs 17,061 cr of refunds this fiscalOf this, personal income tax refunds worth Rs 5,575 crore were issued in over 12.71 lakh cases and corporate tax refunds of Rs 11,486 crore...
Max time for processing your ITR, tax refunds now 9 months vs 1 year earlierEffectively this means that if an individual files ITR for FY 2019-20 by July 31, 2020, then the income tax department has time till March ...