<ul><li>Income tax refunds amounting to about Rs 3.08 lakh crore were dispersed between April and November this year, which is about 46% higher than refunds during the same period in the preceding year.</li><li>Approximately 98.35% of ITRs filed have been e-verified as of November 22.</li><li>In July 2024, the highest number of ITRs were submitted, totaling 5.87 crore filings.</li><li>Several new initiatives and improvements in the income tax e-filing process resulted in 47.52 lakh updated returns filed and streamlined processes.</li></ul>

Income Tax Refunds Up 46% During April-November To Rs 3 Lakh Crore

Discover more