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Home FINANCE ITR Filing 2025: Income tax refund now instant, money received in 17...

ITR Filing 2025: Income tax refund now instant, money received in 17 days, down from 93 days

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ITR Filing 2025: Income tax refunds have increased by 474 percent in the last 11 years to Rs 4.77 lakh crore in 2024-25. Not only this, earlier it took an average of 93 days to get a tax refund, now this time has reduced to just 17 days.

The last date for filing Income Tax Return (ITR) is approaching. ITR can be filed till September 15, 2025 without any charge. Also, if you think that it takes a lot of time to get income tax refund, then now the times have changed. In the last 11 years, tax refunds have not only increased rapidly, but the time taken to process them has also reduced significantly.

The Income Tax Department had issued a total refund of ₹ 83,008 crore in the financial year 2013-14, but this has increased to ₹ 4.77 lakh crore in the financial year 2024-25. Thus, there has been a tremendous increase of 474 percent in refunds in the last 11 years.

Long waits for refunds are now a thing of the past!

Not only that, while earlier it took an average of 93 days to receive a tax refund, this time has now been reduced to just 17 days, meaning taxpayers will no longer have to wait long.

The number of people filing ITRs has also doubled.

In addition, the number of people filing Income Tax Returns (ITRs) has also more than doubled. There has been a 133 percent increase in income tax returns filed since 2013. While 3.8 crore income tax returns were filed in 2013, now in 2024, this number has increased to 8.89 crore. In addition, total direct tax collection has increased by 274 percent from Rs 7.22 lakh crore in 2013-14 to Rs 27.03 lakh crore in 2024-25.

Reforms in the tax system

Government sources say that digitization of the tax system, faster processing and better technology are the reasons behind this reform. Digital India and transparent tax system have made this entire change possible.

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