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Is Your Income Tax Refund Delayed? Here’s How The Interest Is Calculated In 2025

If you’ve filed your income tax return and are still waiting for your refund, you’re not alone. Many taxpayers in India experience refund delays even months after filing. The good news is that under Section 244A of the Income Tax Act, 1961, the government must pay interest on delayed refunds provided the delay isn’t caused by the taxpayer. The interest rate is fixed at 0.5% per month or 6% per annum, calculated as simple interest on the refundable amount. Interest begins from

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12 Nov 2025 10:32 AM 256 views

Is Your Income Tax Refund Delayed? Here’s How The Interest Is Calculated In 2025

If you’ve filed your income tax return and are still waiting for your refund, you’re not alone. Many taxpayers in India experience refund delays even months after filing. The good news is that under Section 244A of the Income Tax Act, 1961, the government must pay interest on delayed refunds provided the delay isn’t caused by the taxpayer. The interest rate is fixed at 0.5% per month or 6% per annum, calculated as simple interest on the refundable amount. Interest begins from

Business

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#section244a

Is Your Income Tax Refund Delayed? Here’s How The Interest Is Calculated In 2025

Is Your Income Tax Refund Delayed? Here’s How The Interest Is Calculated In 2025

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Deniz Undav’s Goal Sends Stuttgart into German Cup Semi-Finals

US and Israel launch strikes on Iran, raising fears of wider West Asia conflict

xAI’s Grok chatbot sparks controversy with antisemitic posts praising ***

TDP’s Mahanadu 2025 in Kadapa: Lokesh’s Bold Move in Jagan’s Stronghold

Budget cuts threaten public health and housing in Santa Clara County's $14B plan

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BCCI Defends India After Pakistan’s Handshake Complaint In Asia Cup 2025

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#section244a

Is Your Income Tax Refund Delayed? Here’s How The Interest Is Calculated In 2025

Is Your Income Tax Refund Delayed? Here’s How The Interest Is Calculated In 2025

Deniz Undav’s Goal Sends Stuttgart into German Cup Semi-Finals

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xAI’s Grok chatbot sparks controversy with antisemitic posts praising ***

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