Direct transfer for all I-T refunds

In a move aimed at simplifying the income tax refund process and reducing errors, the Income Tax Department has decided to begin a process to transfer directly all I-T refunds to a bank account of the individual’s choice as soon as the sum is processed.

The department is also looking to adopt banking services as an alternative to the current one where refunds of over Rs. 50,000 are sent via cheques through post.