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Income Tax Department Clears Massive Refund Backlog
The Income Tax Department launched a major refund drive over the last 24 hours. Specifically, tax experts report a sudden surge in credits, including high-value payouts reaching Rs 17 lakh. Therefore, this move brings much-needed relief to millions of taxpayers. Previously, many users had flooded social media with complaints about long wait times.
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High-Value Credits Hit Bank Accounts
Meanwhile, professionals noticed a sharp rise in processing speed starting Thursday night. Since many taxpayers waited for weeks, this sudden release has eased a lot of stress. Actually, several CA firms in New Delhi confirmed that their clients received money this morning. Still, many large refunds remain in the system. Now, the department expects to clear these in the very next processing cycle.
Status of Stuck Returns
About 8.8 crore tax returns reached the portal by February 4. However, nearly 24.64 lakh of these stayed stuck for over three months. Therefore, the Ministry of Finance is now pushing the processing center to work faster. Actually, the law gives the department until September 30, 2026 to finish this work. Still, the early release of funds aims to help the public mood.
Data Checks and NUDGE Alerts
Since the launch of the NUDGE plan, the tax office has used data tools to find errors. Specifically, the system flags missing foreign assets and wrong deduction claims. Therefore, some users may get an alert asking them to fix their returns before the refund arrives. Now, experts advise all users to link their PAN and check their bank details. In fact, most delays happen because of old or wrong bank info.
Data Density: The 2026 Refund Benchmarks
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24 Hours: The time frame for the latest massive surge in refund credits.
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Rs 17 Lakh: The highest individual refund reported by tax experts today.
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8.8 Crore: The total number of tax returns filed by early February.
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24.64 Lakh: The number of returns that were stuck for more than 90 days.
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Sept 30: The legal deadline for the department to process current returns.
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100%: The accuracy needed for bank pre-validation to avoid payment failure.
What’s Next First, log in to your tax portal to check your current “Refund Status.” Then, verify that your bank account is “Pre-validated” to avoid any credit errors. Since the department is sending money in batches, you should wait 48 hours for the cash to show up after the status changes, officials said.
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