ITR Refund Status 2025: Delays Due to ‘Red-Flagged’ Claims, Says CBDT Chairman Many taxpayers checking their ITR Refund Status 2025 are noticing unexpected delays. The Central Board of Direct Taxes (CBDT) has now clarified the key reason behind this slowdown. According to the CBDT Chairman, the system has red-flagged several refund claims due to discrepancies,…
Taxpayers Lose Their Refunds If They File a Belated ITR in 2025–26? Here’s What Was Found In the 2025–26 assessment year, questions have been raised about whether taxpayers may lose their income tax refunds if their ITR is filed after the due date. With changing compliance rules and stricter timelines, a renewed focus has been…
Actual Reasons Behind ITR Refund Delays: When Will Your Money Arrive? You filed your Income Tax Return on time and you’re still waiting for the refund to show up. Frustrating, right? You’re definitely not alone. Every year, tons of people sit tight, checking their accounts and hoping for that credit. The thing is, most refund…
GST Cuts Passed On, Boosted Consumption, Likely to Reflect in GDP Growth: Government The government says the recent GST rate cuts are already making a difference. People are spending more, and you can see the boost in everything from cars to everyday products. Officials point out that businesses have actually passed these tax cuts on…
The CBDT has brought a significant change for Indian taxpayers the introduction of AIS 2.0 (Annual Information Statement). The update is aimed at making tax compliance easier, correct, and transparent for individuals, companies, and consultants alike. As tax practitioners, we at Taxflick think this is a positive step towards minimizing tax mismatches, return filing errors,…