The Central Board of Direct Taxes (CBDT) on Tuesday said that over six crore of verified Income Tax Returns have been processed. "The Income Tax Department has processed about 88% of the verified ITRs for AY 2023-24 as on 05.09.2023.," it said. The CBDT also said that more than 2.45 crore refunds for AY 2023-24 have been issued. Monetary Policy Is Like Driving a Car on a Road With Potential Ditches and Speed Bumps, Says RBI Governor Shaktikanta Das (Watch Video).

Committed to Faster Processing of Returns, Says CBDT

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