New Delhi, July 13 -- India's tax administration has undergone a dramatic transformation over the past decade, with taxpayer refunds growing at nearly double the pace of tax collections, Ministry of Finance sources told ANI.
The numbers paint a striking picture of administrative efficiency gains. Between 2013-14 and 2024-25, refunds issued to taxpayers have skyrocketed by 474 per cent, rising from Rs 83,008 crores to Rs 4,76,743 crores.
This growth significantly outpaces the 274 per cent increase in gross direct tax collections during the same period, which rose from Rs 7,21,604 crores to Rs 27,02,974 crores.
Perhaps most impressive is the speed of refund processing. The average time to issue tax refunds has plummeted from 93 days in 2...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.