India, July 15 -- New York will be rolling out inflation refund checks for the first time as part of its 2025-26 budget. These one-time payments are designed to help residents deal with the recent rise in prices and sales taxes across the city.

"The 2025-2026 New York State budget provides for the state's first-ever inflation refund checks. These one-time payments provide relief to New Yorkers who have paid increased sales taxes due to inflation. If you qualify for a payment, you do not need to do anything; we will automatically send you a check. Checks will be mailed over a period of several weeks beginning in mid-October of 2025," reads the official website of the Department of Taxation and Finance of New York.

As per the official web...