Income Tax Refunds Drop 16% as Filters Tighten; Direct Tax Collections Rise 2.4% Date: October 16, 2025 Source: India Advocacy | Taxation & Finance News
India’s income tax refunds have declined by 16% year-on-year, even as net direct tax collections rose by 2.4%, signaling tighter refund scrutiny by the Income Tax Department (ITD). The move…
