Why are over 50 lakh taxpayers yet to receive income tax refunds?

Over 50 lakh taxpayers are still waiting for income tax refunds for AY 2025-26, despite over 8 crore returns being processed. Delays are mainly due to stricter scrutiny, data mismatches, foreign income checks under the 'Nudge' scheme and system pressure after deadline extensions. Taxpayers are advised to check refund status online, validate bank accounts and respond promptly to department alerts.

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