https://www.taxtmi.com/news?id=473 Net direct tax collections rose markedly in the first two months, led by corporate and personal income tax increases and sustained growth in TDS, despite larger refund payouts. The Income Tax Department relaxed refund verification criteria to allow settlement without TDS certificate production for gross TDS claims up to Rs.5 lakh and net refund claims up to Rs.25,000, enabling a large majority of refund claims to be settled without additional documentation. en-us Sat, 21 Jun 2008 11:00:57 +0530 Mon, 23 Jun 2008 09:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=473 Net direct tax collections rose markedly in the first two months, led by corporate and personal income tax increases and sustained growth in TDS, despite larger refund payouts. The Income Tax Department relaxed refund verification criteria to allow settlement without TDS certificate production for gross TDS claims up to Rs.5 lakh and net refund claims up to Rs.25,000, enabling a large majority of refund claims to be settled without additional documentation. News - Sat, 21 Jun 2008 11:00:57 +0530 https://www.taxtmi.com/news?id=473