Page 4 - Tax Refunds

Refunds save the day for April direct tax collection; mop-up down 5%

Gross direct tax collection stood at Rs 41,556 crore in April, as against Rs 43,950 crore in the corresponding period last year

Supreme court quashes judgments by high courts on area-based exemption

Rules refunds should be limited to actual manufacturing or value addition

Rs 5,575-cr indirect tax refunds processed since March 30, says CBIC

Earlier, the tax body had initiated a measure to help GST return filers by facilitating early refund of input tax credit

Pending tax refunds up to Rs 5 lakh to be issued immediately: I-T Dept

"It has also been decided to issue all pending GST and Customs refunds which would provide benefit to around 100,000 business entities, including MSMEs," the I-T department said

Budget wishlist: Exporters seek clarity on slow tax refunds, key schemes

Exporters also hope the Budget will clear the confusion around the old MEIS, which has been discontinued by the government as well as the uncertainty over the awaited RoDTEP scheme

Income Tax dept has issued 21 mn refunds till November worth Rs 1.46 trn

The Centralised Processing Centre (CPC) processed 4.70 crore tax returns between April 2019 and November 28

Tax refund scheme for exporters to be brought before Cabinet soon: Goyal

Goyal said government is encouraging its entrepreneurs to expand their manufacturing operations in the current global trade situation where nations are engaged with each other in a trade war

Haven't received your tax refund yet? Validate your bank account first

This year onwards, tax department is only issuing e-refunds directly into the bank

I-T dept issued Rs 64,700-cr refund between April 1-June 18: Sitharaman

Sitharaman further said that 269 million SMS and emails were sent to taxpayers in 2018-19, reminding them to file their ITRs on time

CBI, Indian Revenue Services officers at loggerheads over fraud tax refunds

CBI, Indian Revenue Services officers at loggerheads over fraud tax refunds