Income Tax Refund Time: Tax payers will now get their income tax refund money within 17 days

ITR Filing 2025: Income tax refund has increased by 474 percent in the last 11 years to Rs 4.77 lakh crore in 2024-25. Not only this, while earlier it used to take an average of 93 days to get tax refund, now this time has been reduced to just 17 days.

ITR Filing 2025: The last date for filing Income Tax Return i.e. ITR is approaching. ITR can be filed without any charge till 15 September 2025. At the same time, if you think that it takes a lot of time to get Income Tax Refund, then now the time has changed. In the last 11 years, tax refund has not only increased rapidly, but the time taken to process it has also reduced considerably.

While the Income Tax Department had issued a total refund of Rs 83,008 crore in the financial year 2013-14, it has increased to Rs 4.77 lakh crore in the financial year 2024-25. In this way, there has been a tremendous increase of 474 percent in the refund in the last 11 years.

Long wait for refund is now a thing of the past!

Not only this, while earlier it used to take an average of 93 days to get tax refund, now this time has been reduced to just 17 days, which means taxpayers no longer have to wait for long.

The number of people filing ITR has also doubled

Also, the number of people filing Income Tax Returns (ITR) has also more than doubled. There has been an increase of 133 percent in the income tax returns filed since 2013. While 3.8 crore income tax returns were filed in the year 2013, now this number has increased to 8.89 crores in 2024. Apart from this, gross direct tax collection has increased by 274 percent from Rs 7.22 lakh crore in 2013-14 to Rs 27.03 lakh crore by 2024-25.

Reform in tax system

Government sources say that the role of digitization of tax system, faster processing and better technology is behind this reform. Digital India and transparent tax system have made this entire change possible.

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