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    • Question

      How much did non‑corporate refunds decline according

      to the CBDT update?
      A 25.5% Correct Answer Incorrect Answer
      B 12.8% Correct Answer Incorrect Answer
      C 37.72% Correct Answer Incorrect Answer
      D 29.4% Correct Answer Incorrect Answer
      E 17.7% Correct Answer Incorrect Answer

      Solution

      The data shows that refunds issued to non‑corporate taxpayers fell sharply by 37.72%. This substantial decline contributed to overall higher net direct tax collections due to lower outflows in refunds.

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