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Refund Banker Scheme

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Tax refund scheme to cover entire country

The Income Tax Departmentplans to extend the Refund Banker Scheme to the entire country as a move aimed at expediting refund of excess tax. The scheme, launched in Delhi and Patna in March this......

FinMin plans 100% I-T e-refunds

Soon, income tax refunds will be quick and hassle-free, if the finance ministry has its way.The ministry plans to make all refunds directly to the taxpayer’s bank account.A permanent account......

New taxpayer schemes to be introduced this year

With the present Income Tax Act proposed to be replaced by the Direct Taxes Code next year, the I-T department is planning to introduce a host of services related to processing of tax returns and......

Track your tax refund status online now

Individual taxpayers can now track the status of their income tax refunds online. To begin with, the facility has been made available in six cities -- Delhi, Mumbai, Bangalore, Chennai, Kolkata......

How to check Income Tax refund online

Many people are ignorant about the fact that their tax refund status can be easily ascertained online with a few simple and easy steps by entering the PAN. The 'Refund Banker Scheme', which was......

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