India's direct tax collections saw a modest rise in FY26. However, the total mop-up missed the revised target by ₹81,000 crore. Both corpor...

The income tax department on Wednesday said it has issued refunds worth over Rs 1.83 lakh crore to more than 2.09 crore taxpayers so far th...

"CBDT issues refunds of over Rs 1,62,448 crore to more than 1.79 crore taxpayers from 1st Apr,2021 to 24th Jan,2022," the Income Tax depart...

The 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...

This 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...

This 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...

This order comes as a relief, especially for India Inc and high net worth individuals where the amounts at stake are significant. If refund...

"CBDT issues refunds of over Rs. 1,25,470 crore to more than 38.23 lakh taxpayers between 1st April, 2020 to 20th October, 2020. Income tax...

This includes personal income tax (PIT) refunds amounting to Rs 31,741 crore issued to 29.17 lakh taxpayers and corporate tax refunds worth...

The Central Board of Direct Taxes (CBDT) has issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases till July 11, 2020. The ref...

The government has laid great emphasis on providing tax related services to the taxpayers without any hassles and is aware that during thes...

Since April 8, the CBDT has been fast-tracking refund payments to help taxpayers in the COVID-19 pandemic situation and has till date issue...

The tax department said it has till date issued nearly 14 lakh refunds up to Rs 5 lakh each in order to help taxpayers in Covid-19 pandemic...

These refunds are over and above the 2.50 crore refunds totalling Rs 1.84 lakh crore that have been issued for FY20 till March 31.

"It (providing details of foreign bank accounts) is not mandatory. It is optional. It is for cases where refund is sought," CBDT Chairman s...

The CBDT has issued guidelines for expeditious tax refund of up to Rs 5,000 in cases where the department wants to adjust the refund with a...

In a taxpayer friendly move, the government has directed Income Tax officials to issue refunds in cases where outstanding arrears are up to...