Income tax refund: Tax refund of Rs 2.48 lakh crore has been issued to taxpayers till January 10, 2024. The Income Tax Department has given this information.
Income Tax Department has released the status of tax refund. A total tax refund of Rs 2.48 lakh crore has been issued to taxpayers till January 10, 2024. According to the Income Tax Department, Rs 2.48 lakh crore has been refunded to taxpayers from April 1, 2023 to January 10, 2024 for the assessment year 2023-24.
Know the status of refund sitting at home
If you too had filed a return and have not received the refund, then you can check from home. In an easy way you can know the status of the return (Income Tax Refund Status). If it has not been received yet or there is some mistake in the return or the refund is stuck due to some other reason, then you can find out.
You can check online
Those taxpayers who are waiting for their refund or do not know the status (Income Tax Return Refund Status), then they can check the status by visiting the official website of the Income Tax Department, incometaxindiaefiling.gov.in . Status can be checked only online. Whenever a refund comes to your account, a notification is sent to your registered mobile and email address.
How to check refund status
- First of all go to the official website of Income Tax Department incometaxindiaefiling.gov.in .
- When the page opens, log in by entering your user ID, PAN card and captcha code.
- After this click on the option to view income tax return.
- Go to Income Tax Return by choosing another option here.
- Select the assessment year and submit.
- Now in the next step you will see the status of your refund.
There was a surge in direct tax collection
Central Board of Direct Taxes (CBDT) said, ‘After refund, the net direct tax collection is Rs 14.70 lakh crore. This is 19.41 percent more than the direct tax collection collected during the same period in the last financial year. This is 80.61 percent of the direct tax estimate set in the budget for the financial year 2023-24.
