The Income-Tax Department is analyzing wrongful deductions claimed in high-value refund cases, leading to delays. Legitimate payouts are expected by December, with low-value refunds already being ...

CBDT chief Ravi Agrawal said on Monday that delays in Income Tax refunds are due to analysis of high-value or flagged claims.

The IRS is currently dealing with a significant backlog of tax returns and related processes, a situation that has arisen in ...

HMRC are aiming to recruit over 5,000 compliance officers over the next five years. This will undoubtedly lead to a large increase in all types of tax ...

The Income Tax Act, 2025, slated for implementation on April 1, aims to simplify tax compliance by overhauling return forms ...

Tourists go through the departure tax refund process in Chengdu, Sichuan province. ZHANG LANG/CHINA NEWS SERVICE Jinjiang district in Chengdu, Southwest China's Sichuan province, is taking consumption ...

Don’t expect to wait by the mailbox for your tax refund check in the spring. The Department of Treasury is transitioning to fully electronic payments, a change that means tax refunds issued by the IRS ...

Remember: Oct. 15 remains the extension deadline for filing a 2024 Michigan individual income tax returns, too. Someone who files a paper return, experts said, should be prepared for processing delays ...

The time it takes to receive a federal income tax refund could drag out six weeks and more next year for many people who are bound and determined to receive a paper check in the mail. Beginning next ...