The Ministry of Finance will refund 70% of tax surplus collected in 2007-08 to taxpayers before the new fiscal year. Married couples can expect an average refund between 25,000 to 50,000 rupees and single people up to 15,000 rupees based on taxes paid for 2007-08. Taxpayers can find official instructions on applying for the refund by clicking the provided link.

1. TAX REFUND
Press release January 26, 2009
• Due to a very significant increase in tax collection for the year 2007 – 08, Ministry of
Finance has decided to refund 70% of the tax surplus to the tax payers before the
new fiscal 2007 - 08.
• Average refund will be between 25,000 to 50,000 /- for a married couple and upto
15,000/- for a single person based on tax paid for the assessment year 2007 - 08.
• To know more on the official proclamation and instruction on how to apply for this
refund ..Click on the link below :
www.incometaxindia.gov.in
Government Of India

2. You think you will get a Refund ?!!!