The revenue department is working on a mechanism to cut the average period of processing and issuing tax refunds to 10 days from 16 now.
The new timeline is expected
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH. Subscribe To Insights Key stories on business-standard.com are available to premium subscribers only.Already a BS Premium subscriber? Log in NOW
MONTHLY ?8.3/day
?249
Renews automatically
Select
Best Offer SMART ANNUAL ?4.6/day
?1999?1699
Opt for auto renewal and save Rs. 300 Renews automatically
Select
ANNUAL ?5.5/day
?1999
Select
What you get on Business Standard Premium?
Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app. Pick your 5 favourite companies, get a daily email with all news updates on them. Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006. Preferential invites to Business Standard events. Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more. VIEW ALL FAQs
Or
Also Read
Explained: How consultants and freelancers can file their ITR
Filing ITR? Don't forget to declare your income from other sources
Filing ITR for crypto gains: Here's your guide on taxation for VDAs
CoinDCX partners with KoinX to allow crypto tax tracking on its platform
Income tax return: What is NIL ITR? Who is eligible, what are the benefits
Vegetable price inflation to decline from Sept, says RBI Governor Das
CCI brings draft regulations for Settlement and Commitment scheme
FTA talks 'laser-focussed': UK officials as trade minister heads to India
Govt set to ban sugar exports from October for first time in 7 years
India's retail inflation surges on food prices in challenge to Modi govt