• Registered Members :
  • 164501
  • Current Active Members :
  • 104325

News INCOME TAX

  • Nov 23, 2023
  • Nearly 90% income tax payers find refunds easier, says CII survey

    A survey conducted by the Confederation of Indian Industry (CII) revealed that 89 percent of individuals and 88 percent of firms were of the view that there has been a significant reduction in the waiting time to get an income tax refund in the last five years, between 2018-2023.

    The survey was conducted in October 2023 among 3531 respondents out of which 56.4 percent were individual respondents and 43.6 percent were firms/enterprise/organisation-level respondents. The survey was conducted at the pan-India level where maximum participation came from the major states.