The basic exemption limit of income tax is for an income of 2.5 lakh, which means no tax is cut if you are earning up to Rs 2.5 lakh.
Taxpayers may claim a refund on their income tax if their tax liability is less than the total of their withholding taxes and estimated taxes paid
For the past few months, Central Board of Direct Taxes officials have claimed that they have tried to complete refund payments as fast as possible to
Taxpayers often complain that they have not received refunds despite following the due process
Of the total refunds, income tax refunds of Rs 79,483 crore have been issued in 2,21,92,812 cases
Personal income tax refunds of Rs 70,572 crore have been issued to over 1.92 crore taxpayers, and corporate tax refunds of Rs 1.27 lakh crore have bee
Taxpayers look forward to getting refunds after filing their tax returns but sometimes due to some mistakes, they don’t get the refund money on
New Delhi: The Income Tax Department on January 13 said it has issued refunds worth over Rs 1.73 lakh crore to more than 1.57 crore taxpayers in the o