Government's Clarification on the Reports that Finance Ministry Pays interest on Excess Tax Refund

Last updated: 10 February 2014

This is with reference to the news report appearing in certain section of media that the Finance Ministry pays Rs.37, 365 cr. in interest on excess tax refund and similar reports. The emphasis of these reports is that huge interest was paid by the Government on refund of excess taxes during 2006-200

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Category Income Tax   Report

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