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Refunds News

Direct tax mop-up

12 Sep 2016

Direct tax mop-up rises 15% to Rs 1.89 lakh crore in Apr-Aug

Net direct tax collections during the April-August period has grown 15.03 percent to Rs 1.89 lakh crore, led by robust collections in personal income tax.

Income Tax department

14 Jul 2016

Issue upto Rs 5,000 refunds fast and quick: CBDT to I-T dept

CBDT has directed the Income Tax department to "expeditiously" issue refunds worth Rs 5,000 for last three assessment years in order to provide immediate relief to taxpayers.

04 May 2015

SEBI makes fresh bid to find Sahara investors for refunds

Making a fresh bid to locate Sahara investors eligible for refunds, capital markets regulator SEBI has asked the bondholders of two Sahara firms to submit their claims along with the proof of investments.

25 Mar 2015

16 lakh refunds worth crores lying unclaimed at I-T CPC

A whopping 16 lakh refunds worth crores of rupees are lying unclaimed at the Income Tax department's central database centre for e-filing for want of "correct data from taxpayers".

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