Income Tax Return: IT refunds jump 474% to ₹4.77 lakh crore in last 11 years -- Details here

Income Tax Return: India's IT refunds have jumped 474% to ₹4.77 lakh crore in the last 11 years, exceeding the growth of gross tax collections. The number of days taken to issue ITRs to the people decreased to 17 days in 2024.