Tax Refund

American investor and Azoria Co-founder James Fishback proposed the idea of a 'DOGE Dividend' in a post on X (formerly Twitter).

Vodafone Idea up 2.5% as Bombay High Court orders Rs 1,128 crore tax refund

The income-tax department was directed to refund Rs 1,128 crore paid by Vodafone Idea in taxes during 2016-2017

Income tax department all set to cut refund time to 10 days from this fiscal year

The total number of ITRs for AY 2023-24 filed till 31st July are more than 6.77 crore, which is 16.1 per cent more than the total ITRs for AY 2022-23.

How To Speed Up Your ITR Refund Process? Income Tax Return Refund Processing Explained

If you have filed your income tax returns, you must wonder how long it will take to get the refunds. Well, from an expert tax filer to a first-time filer, all of us come across various queries and concerns. So, in this video, we have talked about all such queries and more. Watch now to know about it.

Unregistered persons can claim tax refunds for cancelled contracts on GST portal

The new functionality 'Refund for Unregistered person' has been made available on the GST portal and the unregistered person, who wants to file an application for a refund shall obtain a temporary registration on the common portal, using his Permanent Account Number (PAN).

You can now recover GST paid on under-construction property if the deal is called off

Once the finer details are worked out, buyers of under-construction property will be soon able to reclaim the GST paid on the property directly from the government if the person opts out of the deal and the time period for the developer to refund the money has expired.

Income tax refunds worth over Rs 67,400 crore issued in 5 months of this fiscal

'CBDT issues refunds of over Rs 67,401 crore to more than 23.99 lakh taxpayers between 1st April, 2021 to 30th August, 2021,' the I-T department tweeted.

Income Tax department issues refunds worth Rs 37,050 crore until July 5

Of this, personal income tax refund stood at Rs 10,408 crore, while that of corporates was Rs 26,642 crore.

'Teething troubles' prevent govt from announcing tax refund rates for RoDTEP scheme, says commerce secretary

Exporters complain that lack of clarity on tax refund rates under RoDTEP, 18 months after it was announced, continues to affect their business.

Exclusive | Exporters yet to receive tax refunds of Rs 25,000-30,000 crore from Centre as liquidity crisis hits hard: FIEO

The government's largest export incentive policy, the Merchandise Exports from India Scheme (MEIS), has been discontinued from January 1, 2021. Covering upto 75 per cent of India's total exports, it was a crucial support to exporters. Now, even as tax refunds under MEIS remain stuck with the government, exporters say that it's replacement, the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, is unfinished and insufficient.

I-T Department issues refunds worth Rs 71,229 crore to 21.24 lakh taxpayers

For quick processing of tax refunds, the Central Board of Direct Taxes (CBDT) further asked taxpayers to provide an immediate response to emails of the department

Marginal relief for Vodafone Idea as SC allows tax refund of Rs 733 crore

The company had alleged that the taxman had not processed income tax refund of Rs 4,759 crore for assessment years 2014-15 to 2017-18

Not received your tax refund? Here is what you should do

Direct credit to bank accounts of taxpayers is the only way the income tax department credits tax refunds.

Suspicious income tax refund claims under I-T Dept scanner

Minister of State for Finance Shiv Pratap Shukla in a written reply to a question in Rajya Sabha said there has been an increase in detection of suspicious refund claims.

Missed investment declaration deadline? Here's what you can do

There is no reason to panic since you have time till March 31 to make the necessary investments for tax saving.

Taxpayers to experience a new way of tax collection

Tax collection at source aims to ensure that the various expenses made are included in the tax return and that there is a link that can be established.

Ficci seeks speedy tax refund, wants no inheritance tax

Industry body Ficci demanded speedy tax refund and said government should not make any move towards Inheritance tax in the upcoming Budget.

Judge grants class action status to Tata wage suit

Tata Sons Ltd employees who were deployed from India to work in information technology jobs in the United States won the right on Monday to proceed with a class action lawsuit against the Indian corporate giant over unpaid wages.

Lack of manpower delays faster disposal of IT cases: FinMin

The government today said shortage of manpower is hampering expeditious disposal of pending income tax cases, besides causing delays in refund of tax arrears.

Govt asks exporters to live without tax refund DEPB scheme

Commerce Ministry today send out a message to exporters that their noise over discontinuation of tax refund scheme-DEPB from June is not likely to be heard by the government.