Graphic of the Day: Corporate tax refunds outpace non-corporate in FY25
Faster rise in corporate tax refunds highlights shifting refund dynamics in FY25
Corporate tax refunds have surged in FY25, touching Rs2.9 lakh crore, a sharper rise compared to non-corporate refunds at Rs1.9 lakh crore. This trend signals a faster pace of refunds to corporations over other taxpayer groups.
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