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      Question

      Which Indian tax category saw a 24.2% drop in refunds

      compared to the previous financial year?
      A Corporate tax refunds Correct Answer Incorrect Answer
      B Non-corporate tax refunds Correct Answer Incorrect Answer
      C Securities Transaction Tax Correct Answer Incorrect Answer
      D Indirect tax refunds Correct Answer Incorrect Answer
      E Wealth tax refunds Correct Answer Incorrect Answer

      Solution

      Non-corporate tax refunds dropped sharply by 24.2%, marking the largest decline among all refund categories for FY26 till December 17.

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