Innovations like TIN 2.0, pre-filling of ITRs, and updated returns continued to streamline processes, resulting in 47.52 lakh updated returns filed, Ministry of Finance said.
Refunds amounting to about Rs 3.08 lakh crore were issued between 1st April, 2024 and 27th November, 2024 which is about 46.31 per cent higher than refunds during the same period in the preceding year.
CBDT also achieved a milestone in terms of ITR filing as 8.50 crore ITRs were filed till 22 November, 2024 which is 7.32 per cent higher than ITRs filed for the corresponding period of the preceding year.
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