It returns to 6x 4. 4.8l crores in 11 years

 

The Income Tax Department has issued a refund of 76.7676 lakh crore in the financial year 1 in. In the financial year 19 14, there has been more than 83,008 crores, officials officials said.With this 444% increase in 11 years, the total direct direct collection has increased compared to the 274% increase. The number of income tax returns increased by 133% to 88.9 million.

Refunds as the total direct tax ratio collected in the financial year 1 in the financial year 1 in the financial year 1 in has increased to 8.6.6%.

The tax department has also significantly reduced the time to pay the return, the average number of days in 2024 has decreased by 81% in 2024 compared to 93 days in 2013.


“It proves that the tax system of India is now firmly matched with the principles of efficiency, transparency and taxpayer facilities,” said a government official SAID. The reform is officially attributed to the adoption of digital infrastructure, which enables the faster and more accurate process of income tax return. The identification of pre-filled returns, automation, source (TDS) adjustment (TDS) adjustment (TDS) adjustment and online complaints in the process of return has also been said by a reduced delay, which has decreased.

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