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TAX REFUND Press release January 26, 2009 Due to a very significant increase in tax collection for the year 2007 – 08, Ministry of Finance has decided to refund 70% of the tax surplus to the tax payers before the new fiscal 2007 - 08. Average refund will be between 25,000 to 50,000 /- for a married couple and upto 15,000/- for a single person based on tax paid for the assessment year 2007 - 08. To know more on the official proclamation and instruction on how to apply for this refund ..Click on the link below : www.incometaxindia.gov.in Government Of India

Tax refund

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Page 1: Tax refund

TAX REFUND

Press release January 26, 2009

• Due to a very significant increase in tax collection for the year 2007 – 08, Ministry of Finance has decided to refund 70% of the tax surplus to the tax payers before the new fiscal 2007 - 08.

• Average refund will be between 25,000 to 50,000 /- for a married couple and upto 15,000/- for a single person based on tax paid for the assessment year 2007 - 08.

• To know more on the official proclamation and instruction on how to apply for this refund ..Click on the link below :

www.incometaxindia.gov.in

Government Of India

Page 2: Tax refund

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