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Nov 23, 2023
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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.
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