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    <title>Expeditious issue of Refunds is a High Priority for the Central Board of Direct Taxes (CBDT); Over 4.19 crore Income Tax Returns (ITRs) processed and over 1.62 crore refunds issued during the Current Financial Year up to 10th February, 2017</title>
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    <description>The Centralised Processing Centre prioritises the expeditious issue of refunds, having processed over 4.19 crore returns and issued over 1.62 crore refunds to 10 February 2017; 92% of returns processed within 60 days and 92% of refunds are below a specified threshold, with remaining low-value refunds largely pending due to recent filings or awaited taxpayer responses. The Department reports increased electronic filing and urges taxpayers to update contact details to receive electronic communications as part of expanded e-governance and taxpayer-service measures.</description>
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      <description>The Centralised Processing Centre prioritises the expeditious issue of refunds, having processed over 4.19 crore returns and issued over 1.62 crore refunds to 10 February 2017; 92% of returns processed within 60 days and 92% of refunds are below a specified threshold, with remaining low-value refunds largely pending due to recent filings or awaited taxpayer responses. The Department reports increased electronic filing and urges taxpayers to update contact details to receive electronic communications as part of expanded e-governance and taxpayer-service measures.</description>
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